Sec Form 13G Filing - SB INVESTMENT ADVISERS (UK) LTD filing for DiDi Global Inc. (DIDIY) - 2022-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No.     )*

 

 

DiDi Global Inc.

(Name of Issuer)

 

 

Class A Ordinary Shares

(Title of Class of Securities)

23292E108

(CUSIP Number)

December 31, 2021

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 


CUSIP No. 23292E108    Schedule 13G    Page 1 of 10

 

  1    

  Names of Reporting Persons

 

  SB Investment Advisers (UK) Limited

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  England and Wales

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5    

  Sole Voting Power

 

  242,115,016

   6  

  Shared Voting Power

 

  0

   7  

  Sole Dispositive Power

 

  242,115,016

   8  

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  242,115,016

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  20.5%

12  

  Type of Reporting Person

 

  CO


CUSIP No. 23292E108    Schedule 13G    Page 2 of 10

 

  1    

  Names of Reporting Persons

 

  Softbank Vision Fund L.P.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5    

  Sole Voting Power

 

  242,115,016

   6  

  Shared Voting Power

 

  0

   7  

  Sole Dispositive Power

 

  242,115,016

   8  

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  242,115,016

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  20.5%

12  

  Type of Reporting Person

 

  PN


CUSIP No. 23292E108    Schedule 13G    Page 3 of 10

 

  1    

  Names of Reporting Persons

 

  SVF Holdings (UK) LLP

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  England and Wales

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5    

  Sole Voting Power

 

  242,115,016

   6  

  Shared Voting Power

 

  0

   7  

  Sole Dispositive Power

 

  242,115,016

   8  

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  242,115,016

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  20.5%

12  

  Type of Reporting Person

 

  PN

 


CUSIP No. 23292E108    Schedule 13G    Page 4 of 10

 

  1    

  Names of Reporting Persons

 

  SVF Holdings (Singapore) Pte. Ltd.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Singapore

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5    

  Sole Voting Power

 

  242,115,016

   6  

  Shared Voting Power

 

  0

   7  

  Sole Dispositive Power

 

  242,115,016

   8  

  Shared Dispositive Power

 

  0

 

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  242,115,016

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  20.5%

12  

  Type of Reporting Person

 

  CO


CUSIP No. 23292E108    Schedule 13G    Page 5 of 10

 

  1    

  Names of Reporting Persons

 

  SVF XKI Subco (Singapore) Pte. Ltd.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Singapore

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5    

  Sole Voting Power

 

  242,115,016

   6  

  Shared Voting Power

 

  0

   7  

  Sole Dispositive Power

 

  242,115,016

   8  

  Shared Dispositive Power

 

  0

  9    < /td>

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  242,115,016

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  20.5%

12  

  Type of Reporting Person

 

  CO


CUSIP No. 23292E108    Schedule 13G    Page 6 of 10

 

ITEM 1. (a) Name of Issuer:

DiDi Global Inc. (the “Issuer”).

 

  (b)

Address of Issuer’s Principal Executive Offices:

No. 1 Block B, Shangdong Digital Valley, No. 8 Dongbeiwang West Road, Haidian District, Beijing, People’s Republic of China

ITEM 2. (a) Name of Person Filing:

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

SB Investment Advisers (UK) Limited (“SBIA UK”)

SoftBank Vision Fund LP

SVF Holdings (UK) LLP

SVF Holdings (Singapore) Pte. Ltd.

SVF XKI Subco (Singapore) Pte. Ltd.

 

  (b)

Address or Principal Business Office:

The address for each of SBIA UK and SVF Holdings (UK) LLP is 69 Grosvenor Street, London W1K 3JP, United Kingdom. The address for SoftBank Vision Fund LP is Aztec Group House 11-15 Seaton Place, St. Helier, Jersey, JE4 0QH. The address for each of SVF Holdings (Singapore) Pte. Ltd. and SVF XKI Subco (Singapore) Pte. Ltd. is 138 Market Street #27-01A, Capitagreen, Singapore 048946.

 

  (c)

Citizenship of each Reporting Person is:

SBIA UK and SVF Holdings (UK) LLP are organized under the laws of England and Wales. Softbank Vision Fund L.P. is organized under the laws of Jersey. Each of SVF Holdings (Singapore) Pte. Ltd. and SVF XKI Subco (Singapore) Pte. Ltd. is organized under the laws of Singapore.

 

  (d)

Title of Class of Securities:

Class A Ordinary Shares, par value $0.00002 per share (“Class A Ordinary Shares”).

 

  (e)

CUSIP Number:

23292E108


CUSIP No. 23292E108    Schedule 13G    Page 7 of 10

 

ITEM 3.

Not applicable.

ITEM 4. Ownership.

 

  (a-c)

The ownership information presented below represents beneficial ownership of Class A Ordinary Shares of the Issuer as of December 31, 2021, based upon 1,181,921,441 Class A Ordinary Shares outstanding as of September 30, 2021, as disclosed in the Issuer’s Form 6-K with the Securities and Exchange Commission on December 29, 2021.

 

Reporting Person   

Amount

beneficially

owned

    

Percent

of class:

   

Sole power
to vote or to

direct the
vote:

     Shared power
to vote or to
direct the
vote:
    

Sole power to
dispose or to
direct the
disposition

of:

    

Shared

power to

dispose or

to direct

the

disposition

of:

 

SB Investment Advisers (UK) Limited.

     242,115,016      &#x A0; 20.5     242,115,016        0        242,115,016        0  

Softbank Vision Fund L.P.

     242,115,016        20.5     242,115,016        0        242,115,016        0  

SVF Holdings (UK) LLP

     242,115,016        20.5     242,115,016        0        242,115,016        0  

SVF Holdings (Singapore) Pte. Ltd.

     242,115,016        20.5     242,115,016        0        242,115,016        0  

SVF XKI Subco (Singapore) Pte. Ltd.

     242,115,016        20.5     242,115,016        0        242,115,016        0  

SVF XKI Subco (Singapore) Pte. Ltd. is the record holder of the securities reported herein. Softbank Vision Fund L.P. is the managing member of SVF Holdings (UK) LLP, which is the sole owner of SVF Holdings (Singapore) Pte. Ltd., which in turn is the sole owner of SVF XKI Subco (Singapore) Pte. Ltd.

SBIA UK has been appointed as alternative investment fund manager (“AIFM”) of Softbank Vision Fund L.P. SBIA UK is authorized and regulated by the UK Financial Conduct Authority and is exclusively responsible for making all decisions related to the acquisition, structuring, financing and disposal of Softbank Vision Fund L.P.’s investments. As a result of these relationships, each of the Reporting Persons may be deemed to share beneficial ownership of the securities reported herein.

ITEM 5. Ownership of Five Percent or Less of a Class.

Not applicable.

ITEM 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.


CUSIP No. 23292E108    Schedule 13G    Page 8 of 10

 

ITEM 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

 

ITEM 8.

Identification and Classification of Members of the Group.

Not applicable.

 

ITEM 9.

Notice of Dissolution of Group.

Not applicable.

 

ITEM 10.

Certification.

Not applicable.


CUSIP No. 23292E108    Schedule 13G    Page 9 of 10

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 14, 2022

 

SB Investment Advisers (UK) Limited
By:  

/s/ Spencer Collins

Name:   Spencer Collins
Title:   General Counsel
SoftBank Vision Fund LP
By:   SB Investment Advisers (UK) Limited, its Manager
By:  

/s/ Spencer Collins

Name:   Spencer Collins
Title:   General Counsel
SVF Holdings (UK) LLP
By:   SB Investment Advisers (UK) Limited, its Manager
By:  

/s/ Spencer Collins

Name:   Spencer Collins
Title:   General Counsel
SVF Holdings (Singapore) Pte. Ltd.
By:   SB Investment Advisers (UK) Limited, its Manager
By:  

/s/ Rhonda Gornitsky

Name:   Rhonda Gornitsky
Title:   Director
SVF XKI Subco (Singapore) Pte. Ltd.
By:   SB Investment Advisers (UK) Limited, its Manager
By:  

/s/ Rhonda Gornitsky

Name:   Rhonda Gornitsky
Title:   Director


CUSIP No. 23292E108    Schedule 13G    Page 10 of 10

 

LIST OF EXHIBITS

 

Exhibit No.

  

Description

99    Joint Filing Agreement.