Do Corporations Worldwide Still Prefer Delaware?

Hardly a day goes by without a headline about the brewing tension between the United States and China. But even as the Trump administration mulled de-listing Chinese firms traded in American securities markets, and Nasdaq reportedly planned to tighten its listing rules for Chinese IPOs, Chinese grocery delivery company Dada made its debut on the Nasdaq on June 5, 2020, with a valuation of $3.5 billion. Dada, along with mega-Chinese firms like Alibaba and Baidu, are now a hot topic on Wall Street. This burst of activity raises the question of whether Delaware is still the preferred state of incorporation … Read more