[Caixin Global] How SoftBank’s $11 billion bet on Didi turned sour

SoftBank was Didi’s biggest shareholder before the IPO, but it had to give up its board seat to clear the way for the U.S. share sale.Read the article by Qian Tong, Liu Caiping, Yuan Ruiyang, Guan Cong, Qu Yunxu, Luo Meihan, and Denise Jia: https://www.caixinglobal.com/2021-07-12/in-depth-how-softbanks-six-year-11-billion-bet-on-didi-turned-sour-101738933.html Narrated by Caroline Agsten. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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SoftBank was Didi’s biggest shareholder before the IPO, but it had to give up its board seat to clear the way for the U.S. share sale.

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