Chinese ride-hailing giant Didi Chuxing files IPO with potential Uber-beating valuation in US listing

//Chinese ride-hailing giant Didi Chuxing files IPO with potential Uber-beating valuation in US listing

Chinese ride-hailing giant Didi Chuxing files IPO with potential Uber-beating valuation in US listing

Didi Chuxing, China’s largest ride-hailing service, publicly filed for an initial public offering in the United States on Thursday, potentially setting it up to be more valuable than rival Uber Technologies.Filing under its formal name Xiaoju Kuaizhi, Didi did not indicate which US exchange it plans to list or the size of its offering. The company, which initially filed confidentially in April, is still considering a listing between the New York Stock Exchange and Nasdaq, a person familiar with…

Article by [author-name] (c) Big Tech - South China Morning Post - Read full story here.

By | 2021-06-10T22:16:49+00:00 June 10th, 2021|Technology|Comments Off on Chinese ride-hailing giant Didi Chuxing files IPO with potential Uber-beating valuation in US listing