DiDi Chuxing - Double Regulatory Whammy
DiDi Chuxing (DIDI US), the world’s largest mobility technology platform, raised around US$4.4bn in its US listing. The company has been at the...
485 Views
DiDi Global IPO: Trading Debut
Didi has priced its IPO at $14 per ADS and sold 10% more ADSs than planned. Our relative valuation and SoTP valuation suggests a full price. We...
410 Views
The Week That Was in ASEAN@Smartkarma - Indonesia's COVID Gamble, Industrial Gas, and Bukalapak
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
220 Views
Didi IPO: Forecasts, Peer Comparison and Valuation
Didi’s IPO is fairly valued at the indicative IPO price range compared to its peers Uber, Lyft and Grab who are trading at higher EV/Revenue...
594 Views
DiDi Global IPO: Valuation Insights
Our SoTP valuation is $13.96 per ADS, which is a 3.4% upside to the mid-point of the IPO price range of $13-14 per ADS. Consequently, we think that...
695 Views