Tag: E-commerce

Didi to go public Wednesday at $14 a share

Ride-hailing company Didi Global Inc. priced its initial public offering at $14 a share, according to media reports Tuesday night. China-based Didi DIDI, had said in its IPO filing that it expected to price its shares at $13 to $14. At $14 a share, the company’s valuation would exceed $67 billion, and on a fully […]

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European stocks slip as PMI shows business activity surging; U.S. futures hold steady after Powell

European stocks struggled on Wednesday, with fresh data showing eurozone business activity growing at the fastest rate in 15 years, while U.S. equity futures inched up. Shares of Pernod Ricard rose after an upbeat forecast. The Stoxx Europe 600 index SXXP, -0.19% fell 0.2%, while the German DAX DAX, -0.43% and French CAC 40 PX1, […]

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