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Home /  BUSINESS  /  Chinese ride-hailing giant Didi plans US initial public offering in 2018

Chinese ride-hailing giant Didi plans
US initial public offering in 2018


Ride-hailing service Didi Chuxing, Uber Technologies Inc's main rival in China, is working towards an initial public offering in the US that would likely take place in 2018. The Apple Inc-backed firm is valued at around $25 billion and its stock market listing would be the most high-profile by a Chinese company in the US since Alibaba Group Holding Ltd's IPO two years ago. (reuters)

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