You're listening to Money Talks on Economist Radio, our weekly podcast on the markets,

the economy and the world of business. I'm Patrick Lane, a digital editor at The Economist.

Coming up on the show, America's Federal Reserve seems to believe that the country's

burst of inflation is merely transitory, but could it be more lasting than expected?

I think a lot of people are questioning the Federal Reserve right now. I mean, it may

turn out to be right, but on the other hand, many people believe it won't turn

out to be right. And some of the biggest winners from lockdown were streaming

services. Our media editor Tom Waywright speaks with the CEO of Twitch about the

company's prospects as things loosen up. Well, I think right now we're losing to the

park. So it may be like, I don't know, first beer or basketball. But first,

DD Choosing, the company that owns China's leading ride sharing app, is expected to float

on one of America's stock markets next month. The initial public offering is likely to be one

of the biggest in the world this year, with DD valued at as much as $100 billion and raising

perhaps $10 billion. But an IPO isn't always plain sailing. Last year, another Chinese company,

Ant Group, that's a huge financial technology firm, cancelled what would have been the

largest IPO ever on the Shanghai and Hong Kong stock exchanges. There were rumors that it was

halted by the Chinese president himself. So is DD's deal going to be different?

DD has come to dominate the Chinese ride share market, seeing off Uber along the way.

It has plans to do much more at home and abroad, but it is sure to run into competition

and like similar companies everywhere, it will have to navigate an increasingly tricky regulatory

environment. China's ride share market is simply put massive, and a lot of that has to do with

the size of Chinese cities. That in itself has led to a lot of good performance for DD.

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