Softbank withdrew from Didi's board of directors ahead of schedule, and capital had already anticipated the collapse of Didi!

[ameliaharper]

The first week of early July was really exciting!

First, after 10 years of hard effort, it was eventually listed and acquired a great market value of US$68 billion. The matter then escalated to the point that it was deleted on July 4th. Two days later, the stock price plummeted by 20%.

It is connected to the job difficulties of millions of online ride-hailing drivers as a prominent firm in the travel sector. Every day, it solves tens of millions of travel difficulties and completes the ridiculous process of listing to delisting in only two days, all while remaining on the key node that was just listed.
It's possible that Didi's troubles are really serious!

When Uber, the founder of the worldwide online car-hailing industry, initially went public, it had a market value of only 35 billion dollars. Didi is roughly twice as much, and it is the leading seed player in the worldwide online car-hailing market.

Even in a difficult year like 2019, Didi was able to make a profit. Didi's income has been steadily increasing since 2018. When domestic platforms like Tida, Cao Cao, and Yiwei Travel are combined together, the total market share is calculated. Not even close.
With such a powerful gold-sucking platform and limitless potential, SoftBank even resigned from its board of directors, foregoing the opportunity to lie down and generate money for free.