The deal would quickly accelerate Didi expansion!
$DiDi Global (Delisted)(DIDI.US$
Didi intends to buy a third of its electric-vehicle unit, two sources said, signalling the ride-hailer's regulatory troubles are over as it focuses on growth.
Didi intends to buy a third of its electric-vehicle unit, two sources said, signalling the ride-hailer's regulatory troubles are over as it focuses on growth.
The deal, if completed, would accelerate Didi Global Inc's strategic expansion in the world's largest EV market and help cushion the impact of the pandemic on its core ride-hailing business.
And Didi will become the second-biggest shareholder of the EV maker after Sinomach Automobile.
The (reported) deal talks between Didi and Sinomach have sent positive signals to the market," said Zhang Zihua, chief investment officer at Beijing Yunyi Asset Management.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Siausin : Already fooled by DiDi once by their extremely irresponsible management team, not enough wanna another one?