# Executive-in-Residence Jihoon Rim is interviewed about Didi Chuxing's valuation

1 Faculty News October 1, 2019 ![The_Information_logo_190x145](/sites/default/files/styles/246w/public/assets/images/The_Information_logo_190x145.png?itok=lOh9E-Ks)>

Excerpt from [The Information](https://www.theinformation.com/articles/ubers-stock-drop-weighs-on-didi-chuxings-valuation) -- "'Selling Didi's shares at \[a\] discounted price doesn't seem unnatural considering the stock price of Uber and Lyft,' said Jihoon Rim, a former CEO of Kakao, a South Korean messaging app that also has a taxi service who is now a professor at New York University. 'When you see a global peer suffering, it is difficult to defend the stock unless you can argue it is different.'"

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