Didi’s Predicament Lies In Geopolitics – Analysis

By Chan Kung and Yu (Tony) Pan *

After a long wait, Chinese ride-hailing giant Didi was officially listed on the New York Stock Exchange on June 30. Goldman Sachs, Morgan Stanley, JPMorgan Chase, and China Renaissance acted as the underwriters, in addition to a number of Chinese-funded institutions such as CICC, BOC...