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Viewsroom

Twitter’s scarce suitors, Didi’s New York exit

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 21 April 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

As Elon Musk dangles a $41 billion offer, Breakingviews columnists discuss whether anybody will end up buying the social network in this Viewsroom podcast. Plus, the Chinese ride-hailing firm cancels its U.S. listing less than a year after arriving, leaving shareholders stranded. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hear that? It's your big McDonald's hunger calling, because the Big Arch is back,

0:04.8

and this time it's here to stay with juicy beef, cheddar cheese and that Big Arch sauce.

0:09.9

Hungry? You are now.

0:11.6

Order delivery on the McDonald's app.

0:15.0

Serve from 11am, upcharges and fees apply to delivery orders.

0:17.9

Subjects availability, price and participation may vary.

0:19.9

The views expressed on this podcast are those of the participants, not of Rogers News.

0:28.7

Elon Musk's pursuit of Twitter has put the social network in play, but does it have any natural predators?

0:35.7

Meanwhile, D.D. Global is taking a drive out of New York, but the

0:40.3

Chinese ride-hailing firm doesn't have anywhere else to go. Tune in as our columnists discuss the latest top stories.

0:50.3

Welcome back to the Views Room. I'm Peter Tharlarsen, coming to you this week from a sunny Canary Wharf in East London.

0:56.7

This week, breaking views economists have, like many other people, been debating Elon Musk's pursuit of Twitter.

1:03.6

Meanwhile, our colleagues in Hong Kong have been looking at the fate of DD Global,

1:08.1

the China-based the US-listed ride-hailing firm, which is getting ready to cancel

1:13.0

its listing in New York.

1:15.1

First up, I talked to Rob Searin about Twitter.

1:17.4

For the past few weeks, the social network has been at the center of a drama sparked

1:22.1

by Elon Musk's disclosure of a 9% state from the firm.

1:26.6

More recently, the Tesla boss announced a sort of offer which values Twitter at $41 billion.

1:32.3

We unpick that bid and also look at whether anyone else might be interested in making an offer.

1:39.3

Next, Jennifer Hughes and Robin Mack talk about DD Global.

1:43.3

It's less than a year since the Chinese ride-hailing company completed an initial public offering in New York that raised $4 billion from investors.

...

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