China’s ride-hailing giant Didi Chuxing is eyeing an initial public offering in 2021, Reuters reported. The company will formally appoint bankers to run the listing in the coming months, which will likely be planned for Hong Kong’s market instead of New York as U.S.-China tensions rise, the report said. The report said Didi would be seeking a valuation above $60 billion, not far off from...
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The Weekend culture policy
What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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