Sequoia Warns Founders of ‘Crucible Moment,’ Advises How to ‘Avoid the Death Spiral’
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Didi Global Starts Informal Hong Kong Listing Talks

By Juro Osawa
· · Source: The Financial Times

Chinese ride-hailing giant Didi Global has started informal discussions with Hong Kong’s stock exchange about listing its shares there, the Financial Times reported. Didi’s talks come after the company said last month that it will delist from the New York Stock Exchange and start preparing for a listing in Hong Kong. After the Hong Kong listing, Didi plans to start the delisting process in the...

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Roelof Botha, partner at Sequoia Capital. Photo by Getty
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