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.
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