DiDi Global Inc.

General Information

DiDi is known as China’s Uber. Principal stockholders include a SoftBank Vision Fund entity, with a 21.5 percent pre-IPO stake; an Uber entity, with a 12.8 percent pre-IPO stake, and Tencent Entities, with a 6.8 percent IPO stake. This is expected to be one of the largest tech IPOs of the year. The company recently changed its name to DiDi Global Inc.; it was previously known as Xiaoju Kuaizhi, Inc., or Didi Chuxing. (Incorporated in the Cayman Islands.)

We are the go-to brand in China for shared mobility, providing consumers with a comprehensive range of safe, affordable and convenient mobility services, including ride hailing, taxi hailing, chauffeur, hitch and other forms of shared mobility. Consumers, drivers and business partners access our platform through our mobile apps. We also make our service offerings available through mini-programs on mobile apps such as WeChat and Alipay. 

We are the world’s largest mobility technology platform. Globally, we operate in nearly 4,000 cities, counties and towns across 15 countries. Our global platform provided services to over 493 million annual active users and powered 41 million average daily transactions for the 12 months ended March 31, 2021.

Note: For the full year ended Dec.31, 2020, DiDi reported a net loss of US$1.63 billion on revenues of US$21.63 billion.

(Note: DiDi Global upsized its IPO at pricing on June 29, 2021, by offering 317 million ADS, up from 288 million ADS in the prospectus, at $14 – the top of its $13-to-$14 price range – to raise $4.438 billion.)

Industry: Services - Mobility - Ride Hailing
Employees: 15914
Founded: 2012
Contact Information
Address No. 1 Block B, Shangdong Digital Valley No. 8 Dongbeiwang West Road Haidian District, Beijing People's Republic of China
Phone Number +86 10-8304-3181
Web Address http://didiglobal.com
View Prospectus: DiDi Global Inc.
Financial Information
Market Cap $3809.7mil
Revenues $21633.0 mil (last 12 months)
Net Income $-1630.0 mil (last 12 months)
IPO Profile
Symbol DIDI
Exchange NYSE
Shares (millions): 317.0
Price range $14.00 - $14.00
Est. $ Volume $4438.0 mil
Manager / Joint Managers Goldman Sachs/ Morgan Stanley/ J.P. Morgan
CO-Managers BofA Securities/ Barclays/ China Renaissance/ CICC/ Citigroup/ GTJA/HSBC/ UBS Investment Bank/ BOC International/ BOCOM International/ CCBI/ CLSA/ CMB International/ FUTU/ ICBC International / Mizuho Securities/ Tiger Brokers
Expected To Trade: 6/30/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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