Is the “Uber of China” a Better Investment Than Uber? On June 30, DiDi Global (NYSE: DIDI), China’s largest ride-sharing company, went public at $14 per share. The next day, DiDi’s stock rose, but it appears that the “Uber (NYSE: UBER) of China” may not do much better than Uber, which fell below its IPO price on its first trading day in 2019. After selling its Chinese business to DiDi five years ago, Uber acquired a stake in the company, but it sold a “small amount” of its shares earlier this year./n
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