- DiDi still has majority share of the ride-hailing market in China but trades currently with a negative enterprise value whilst having other monetizable investments.
- DiDi’s 7.5% stake in Grab could be sold after the 30 May lock-up expiry to further boost its net cash position.
- If DiDi continues to reduce its operating loss, it may have up to 18 months to 2 years of cash runway currently.
- DiDi’s NYSE delisting now approved, could bring an upcoming resolution to the regulatory probe of DiDi.
- Positive news flow could see a surge in stock price, making DiDi worth looking at for a trade.
For further details see:
DiDi: Ben Graham Style Value, Stanley Druckenmiller Style Trade