Tuesday Sep 26, 2023

Dida Makes New IPO Bid, and Moutai Chases the Young Crowd

Ride sharing company Dida has filed a fourth time for a Hong Kong IPO. Will this Chinese Uber knock-off finally win over skeptical investors? And after trying its hand as a flavoring for milk and then coffee, traditional spirits maker Moutai is in yet another new tie-up with U.S. chocolate maker Dove. But will the young people who enjoy coffee and chocolate really want a shot of hard liquor in their favorite treats?

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