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What did Didi’s bankers know before the IPO?

What did Didi’s bankers know before the IPO?

FromFT News Briefing


What did Didi’s bankers know before the IPO?

FromFT News Briefing

ratings:
Length:
9 minutes
Released:
Jul 7, 2021
Format:
Podcast episode

Description

Didi lost a fifth of its market value after Chinese regulators announced an investigation into the ride-hailing app that last week raised more than $4bn in a New York IPO, the Opec impasse highlights growing tensions between Saudi Arabia and the United Arab Emirates, the Pentagon cancels a highly sensitive $10bn cloud contract awarded to Microsoft, and a new report that says Viktor Orban’s government is failing to ensure the transparent use of EU funds and their independent oversight, which will embolden calls to withhold payments to Hungary.Didi caught as China and US battle over datahttps://www.ft.com/content/00403ae5-7565-413e-907d-ad46549375baPentagon cancels $10bn cloud contract awarded to Microsofthttps://www.ft.com/content/7ac0e691-665f-4328-8b29-ee4883068e80Opec impasse sees UAE ‘flexing its muscles’ against Saudi Arabiahttps://www.ft.com/content/baca384d-c477-4a8b-bdcd-b174317af387Orban government not ‘reliable steward’ of EU funds, report sayshttps://www.ft.com/content/4d79583c-f5a1-40be-93dc-cae27e6c713f? See acast.com/privacy for privacy and opt-out information.
Released:
Jul 7, 2021
Format:
Podcast episode

Titles in the series (100)

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. See acast.com/privacy for privacy and opt-out information.