Friday, April 9, 2021

Sources: Didi Chuxing has filed confidentially with the SEC for an IPO that could value it at $70B-$100B, and is raising $1.5B in debt financing from banks (Bloomberg)

Bloomberg:
Sources: Didi Chuxing has filed confidentially with the SEC for an IPO that could value it at $70B-$100B, and is raising $1.5B in debt financing from banks  —  Chinese ride-hailing company Didi Chuxing has filed confidentially with the U.S. Securities and Exchange Commission for an initial public offering …



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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...