Stock FAQs

how do i buy didi stock

by Grayce Okuneva Published 3 years ago Updated 2 years ago
image

How to buy shares in DiDi Global.

  • Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  • Open your brokerage account. Complete an application with your details.
  • Confirm your payment details. Fund your account.
  • Research the stock. Find the stock by name or ticker symbol – DIDI – and research it before deciding if it's a good investment for you.
  • Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a ...

How to trade Didi shares
  1. Create an account or log in.
  2. Search for 'Didi' on our trading platform.
  3. Select 'buy' to go long or 'sell' to go short in the deal ticket.
  4. Set your position size and take steps to manage your risk.
  5. Open and monitor your position.

Full Answer

Why you should be wary of buying Didi global stock?

This likely led to index funds tracking the index, as well as funds benchmarked to the index, buying into Moderna stock. Moreover, the high visibility and surging stock price have meant that Moderna stock has emerged as a favorite among retail traders. This could make the stock volatile in the near term if momentum traders pull back.

How to buy Didi IPO stock and whether you should?

How we chose our top picks

  • Our pick for building a portfolio. We chose SoFi for this category because it offers both commission-free stocks and a free robo-advisor. ...
  • Our pick for social investors. We selected Public for this category because its beginner-friendly platform allows users to share strategies, trends and tips with other users. ...
  • Our pick for beginners. ...

Should I Sell Didi?

Didi Is Risky Until the Dust Settles on Its Regulatory Woes

  • Regulatory Troubles. The warning signs were pretty clear for Didi even before it went public. ...
  • Negative Outlook Ahead for DIDI Stock. The future of Didi is murky at this point. The CAC has put restrictions on an additional 25 apps that the company operates.
  • The Bottom Line on DIDI Stock. DIDI stock has had a tough time due to its legal headwinds. ...

When will Didi start trading?

DiDi Global Inc – ADR (NYSE:DIDI) shares are trading lower following a Bloomberg report suggesting China's Ministry Of Transportation is drafting measures to ensure rights of ridesharing and trucking platform drivers. DiDi Global shares are also trading ...

image

Is Didi still on NYSE?

May 23 (Reuters) - Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange, after a majority of the company's shareholders voted in favor of the plan, putting to rest a year-long clash with Beijing over its U.S. stock market listing.

What happen to Didi stocks?

Less than a year after Didi Global Inc. DIDI -3.14% listed its shares in the U.S., the Chinese ride-hailing company said its shareholders approved its plan to delist from the New York Stock Exchange, concluding a regulatory roller-coaster ride that sent its market value plummeting.

What will Didi stock symbol?

ADR Stock Quote (U.S.: NYSE) | MarketWatch....$ 1.9100.CloseChgChg %$1.9400-0.0800-3.96%

Is Didi stock going to be delisted?

DiDi Global is going forward with its plan to delist from the New York Stock Exchange after investors overwhelming approved the plan Monday, the Chinese ride-hailing giant said.

Will Didi stock recover?

A lot of tech companies went public in 2021, and many if not most of them are trading below their IPO prices. That's OK—markets rise and fall, and with any luck, the shares will recover eventually. But if you're a shareholder in one such company, Chinese ride-hailing firm Didi Global, you may be out of luck.

Will Didi pay dividends?

DIDI GLOBAL (NYSE: DIDI) does not pay a dividend.

Is Didi stock an ADR?

The chart has 1 X axis displaying Time. Range: 2022-06-10 09:23:42 to 2022-06-10 20:05:17. The chart has 1 Y axis displaying values. Range: 2.1 to 2.5....DiDi Global Inc. ADR.Volume69.61MMarket Value$11.46BShares Outstanding4.38BEPS (TTM)-$1.7904P/E Ratio (TTM)N/A7 more rows

Did Temasek invest in Didi?

Temasek cut 16% of its stake in e-commerce giant Alibaba and 11% of its shares in ride-hailing service Didi, according to a 13F filing for the three months ended Sept. 30.

Who holds Didi stock?

Didi originally sold shares in its IPO last June for $14 each. Didi's largest shareholder is the SoftBank Vision Fund, with a 20% stake. Uber Technologies hold 11.9% while Tencent Holdings has 6.5%.

What happens to shareholders when a company is delisted?

If a company is delisted, you are still a shareholder, to the extent of a number of shares held. And yet, you cannot sell those shares on any exchange. However, you can sell it on the over-the-counter market. This means you can look for a buyer outside the stock exchange.

When was Didi delisted?

The Company plans to file a Form 25 with the U.S. Securities and Exchange Commission on or after June 2, 2022, in order to delist its ADSs from the NYSE, which is expected to occur ten days thereafter upon the effectiveness of the Form 25.

Is DiDi Global a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DiDi Global in the last twelve months. There are current...

Are investors shorting DiDi Global?

DiDi Global saw a decrease in short interest in April. As of April 30th, there was short interest totaling 36,790,000 shares, a decrease of 32.0% f...

How were DiDi Global's earnings last quarter?

DiDi Global Inc. (NYSE:DIDI) released its quarterly earnings results on Saturday, April, 16th. The ride-hailing company reported ($0.01) earnings p...

What price target have analysts set for DIDI?

2 Wall Street analysts have issued 12-month target prices for DiDi Global's stock. Their forecasts range from 6.20 to 25.00. On average, they antic...

Who are DiDi Global's key executives?

DiDi Global's management team includes the following people: Mr. Wei Cheng , Founder, Exec. Chairman & CEO (Age 38) Ms. Qing Liu , Co-Founder,...

Who are some of DiDi Global's key competitors?

Some companies that are related to DiDi Global include eBay (EBAY) , CoStar Group (CSGP) , FLEETCOR Technologies (FLT) , Broadridge Financial S...

When did DiDi Global IPO?

(DIDI) raised $4.4 billion in an initial public offering (IPO) on Wednesday, June 30th 2021. The company issued 316,800,000 shares at $14.00 per sh...

What is DiDi Global's stock symbol?

DiDi Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "DIDI."

Who are DiDi Global's major shareholders?

DiDi Global's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.84...

Did Uber sell Chinese business to Didi?

In 2016, after a long-fought battle, U.S. ride-hailing giant Uber sold the Chinese segment of its business to DiDi. TechCrunch reported that no matter what calculation format is used, DiDi’s valuation still falls several tens of billions of dollars short of Uber’s.

Is Didi IPO?

Didi, the so-call ed “Chine se Uber,” is preparing for a massive IPO this week on the U.S. market. The Chinese ride-hailing company is one of a few tech IPOs that could come close to breaking records. DiDi Global Inc., previously known as Xiaoju Kuaizhi, Inc., or Didi Chuxing, filed to go public earlier in June.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, February 04, 2022, and so far it has risen 16.67%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The DiDi Global Inc.

Support, Risk & Stop-loss

DiDi Global Inc. finds support from accumulated volume at $3.89 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

Is DiDi Global Inc. stock A Buy?

DiDi Global Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Top Fintech Company

featured in The Global Fintech Index 2020 as the top Fintech company of the country.

NYSE: DIDI

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

China's top ride-hailing platform still faces daunting challenges

DiDi Global ( DIDI 6.08% ), China's largest ride hailing company, went public five months ago at $14 per share. Today, it trades at less than $8. Its decline was caused by an abrupt government crackdown shortly after its public debut.

How fast was DiDi growing?

In 2020, DiDi generated 94% of its revenue from its Chinese mobility services segment, which provides its ride-hailing and ride-sharing services.

NYSE: DIDI

At the time of its IPO, DiDi's growth rates looked promising. Its revenue rose 14% in 2019, fell 8% in 2020 as the pandemic spread, but surged 106% year-over-year in the first quarter of 2021 as those headwinds waned.

How did the Chinese government cripple DiDi?

In early July, the Cyberspace Administration of China (CAC) suspended all new user registrations for DiDi's app in China as part of a vague "cybersecurity review". The CAC then ordered the removal of DiDi's 25 apps from all of China's mobile app stores.

DiDi's platform isn't dead yet

DiDi is probably still making plenty of money. The platform's 377 million annual active users and 13 million annual active drivers in China (as of this March) can still access its platform if they've already downloaded the app.

DiDi's stock looks cheap -- but it could get a lot cheaper

DiDi's stock looks cheap, but it's trading nearly 50% below its IPO price for obvious reasons. It could briefly rally if it relaunches its apps in China, but that euphoria will quickly fade as investors focus on its market share losses, rising expenses, new restrictions, and a potential delisting instead.

About DiDi Global

DiDi Global Inc., a mobility technology platform, provides ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally.

3.3 Analyst's Opinion

DiDi Global has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Is DiDi Global a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DiDi Global in the last year. There are currently 1 hold rating and 1 buy rating for the stock.

Are investors shorting DiDi Global?

DiDi Global saw a decrease in short interest in January. As of January 31st, there was short interest totaling 32,460,000 shares, a decrease of 45.5% from the January 15th total of 59,590,000 shares. Based on an average trading volume of 23,290,000 shares, the short-interest ratio is currently 1.4 days.

How were DiDi Global's earnings last quarter?

DiDi Global Inc. (NYSE:DIDI) issued its earnings results on Tuesday, December, 28th. The ride-hailing company reported ($6.48) EPS for the quarter, missing the Zacks' consensus estimate of ($0.17) by $6.31. View DiDi Global's earnings history.

What price target have analysts set for DIDI?

2 brokerages have issued twelve-month price targets for DiDi Global's stock. Their forecasts range from 6.20 to 25.00. On average, they anticipate DiDi Global's share price to reach 15.60 in the next twelve months.

Who are some of DiDi Global's key competitors?

Some companies that are related to DiDi Global include Uber Technologies (UBER), Pinduoduo (PDD), Relx (RELX), Fidelity National Information Services (FIS), MercadoLibre (MELI), MSCI (MSCI), Global Payments (GPN), eBay (EBAY), CoStar Group (CSGP), FLEETCOR Technologies (FLT), Etsy (ETSY), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Trip.com Group (TCOM) and Zillow Group (ZG). View all of DIDI's competitors..

NYSE: DIDI

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

China's ride-hailing leader is headed back home

DiDi Global ( DIDI -5.40% ), the largest ride-hailing company in China, plans to delist its shares from the New York Stock Exchange and pursue a new listing in Hong Kong. The announcement, which comes less than six months after DiDi's initial public offering (IPO), shouldn't surprise investors.

1. Going private at a discount to its IPO price

Over the past few years, many Chinese companies that initially went public in the U.S. took themselves private before going public again on Chinese exchanges at much higher valuations. The deals couldn't be blocked because the management controlled most of the votes, and U.S. investors were often forced to sell their shares at steep discounts.

2. Retreating to an OTC exchange

A less painful option would be for DiDi to relist its shares on an over-the-counter ( OTC) exchange. That's what Luckin Coffee ( LKNC.Y 0.00% ) did after it was delisted from the Nasdaq last June. Luckin's stock had dropped below $2 per share at the time after its fabricated sales figures were exposed, but it now trades at about $13.

3. Swapping ADR shares for HK shares

In its press release, DiDi claims its ADR shares "will be convertible into freely tradable shares" in Hong Kong after it relists the stock.

Should investors still hold their shares of DiDi?

DiDi's investors might be reluctant to sell their shares at their current reduced prices, since the stock now trades at less than its estimated revenue this year. However, the stock should remain cheap for a very long time.

Premium Investing Services

Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.

Political pressure on both sides

Amid rising tensions between the U.S. and China, former U.S. President Donald Trump took steps toward removing U.S. investment in Chinese companies, especially those deemed to have alleged ties to the Chinese military.

Delisting is not the end

Chinese stocks have been delisted from U.S. exchanges for reasons other than politics.

China wants Didi to delist over security concerns

China is concerned about the security of its citizens’ data. Not only is Didi listed in the U.S., but two of its biggest stockholders, Uber and SoftBank, are non-Chinese companies.

It's unclear what would happen to your Didi stock

Bloomberg first reported that China wants Didi to either list on Hong Kong, which is now fully part of China, or go private. If the company lists in Hong Kong, U.S. Didi investors would get its Hong Kong-listed shares. However, the Hong Kong listing may be at a lower price than its current U.S. price.

SoftBank could lose billions from the Didi fiasco

SoftBank, which is Didi's largest stockholder, would be the biggest loser in a delisting. So would Uber, which got a stake in Didi in exchange for selling its Chinese operations to the company. Uber has been facing tough competition outside the U.S. and has exited several other markets in Asia.

Other Chinese stocks might also fall

Chinese stocks tumbled amid the tech crackdown. Furthermore, just when fears of further Chinese crackdowns were abating, concerns of a slowdown in the world’s second-largest economy grew, exacerbated by Alibaba's tepid outlook during its Q2 2022 earnings release.

Xi Jinping might not care much

For Chinese president Xi Jinping, social stability and national security are a far bigger concern than Didi stockholders losing billions of dollars. The country has taken a hard turn toward the left, erasing the gains it has made over the last two decades. Didi’s delisting would also impact other Chinese companies seeking a U.S. listing.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9