Money

The company behind the biggest IPO offering this year

Published

5 years ago

June 25, 2021

Didi is looking to raise as much as $4 billion in one of the biggest U.S. IPO’s of the past decade

Chinese ride-hailing company DiDi is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut.

Its target is set to set the company up for what is likely to be the biggest U.S. initial public offering this year.

Didi set a price range of between $13 and $14 per American Depositary Share and confirmed it would offer 288 million such shares in its IPO.

At the upper end of the price range, DiDi expects to raise a little more than $4 billion.

Four ADSs represent one Class A ordinary share, it said in a regulatory filing that was registered under its formal name Xiaoju Kuaizhi Inc.

The IPO will be one of the biggest share sales by any Chinese company in the U.S since Alibaba raised $25 billion back in 2014.

Major Regulatory Scrutiny

Didi’s offering has also been clouded by speculation over increased regulatory scrutiny.

Reuters reported last week China’s antitrust watchdog has commenced a probe into the ride-hailing firm’s business practices and pricing mechanisms.

The company, which was among 34 Internet giants that had been ordered by regulators in April to correct any excesses, had said in an earlier filing that while it had completed the process, it couldn’t assure investors that the regulators would be satisfied with its efforts or that it would escape any penalties.

Money

Australia’s inflation hits 3.8%: Budget decisions under pressure

Australia’s inflation hits 3.8%, raising concerns for households; Dr. Enticott discusses implications for everyday Australians and economic planning.

Published

10 hours ago

February 3, 2026

Harvey Vargas

Australia’s inflation hits 3.8%, raising concerns for households; Dr. Enticott discusses implications for everyday Australians and economic planning.

Australia’s inflation has surged to 3.8%, sparking concern for households and businesses. Experts warn that rising prices could threaten financial stability if the government does not act in the upcoming budget.

Dr Steven Enticott from CIA Tax joins Ticker to break down what this inflation spike means for everyday Australians. He also explains why inflation above the Reserve Bank’s target band is particularly significant and how it affects economic planning.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AustraliaInflation #EconomicUpdate #Budget2026 #RBA #FinancialNews #BusinessImpact #HouseholdCosts #TickerNews

Money

Wall Street gains momentum amid tech and earnings surge

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

Published

13 hours ago

February 3, 2026

Harvey Vargas

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

U.S. equities climbed on Monday as Wall Street kicked off a new month of trading. Investors looked past recent losses in silver and bitcoin, with optimism returning to major indices. The S&P 500 rose 0.7%, led by gains in Oracle shares following the company’s announcement to raise up to £50 billion for cloud capacity.

The Dow Jones Industrial Average surged 501 points, while the Nasdaq Composite increased 0.9%. Analysts note that the broader market is showing resilience despite mixed signals from tech and commodities.

More than 100 S&P 500 companies are expected to report earnings this week. Strong growth is predicted, even as some high-profile sell-offs continue to make headlines.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

4 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker