Didi Chuxing, China’s Ride-Hailing Giant, Unveils U.S. IPO Filing
Summary
Didi Chuxing Technology Co., the Chinese ride-hailing behemoth, made its IPO papers public on Thursday, setting the company up to raise billions and begin trading publicly in the U.S. in July.
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Didi: Chinese ride-hailing giant files to go public in US
It is set to be the biggest share offering in the United States by a Chinese company since 2014.
Chinese ride-hail company Didi filed for an initial public offering on Thursday.Why it matters: Didi is not only known as the Uber of China, but actually beat Uber in the country and bought out its business there.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeUber currently has a 12.8% stake in Didi, making it the company's second-largest outside shareholder.Other major backers include SoftBan…
China's top ride-hailing firm Didi Chuxing has filed for an initial public offering in the United States, a regulatory filing showed. (https://bit.ly/2RGjK0s)
Didi, China's giant ride-hailing company, filed paperwork for an initial public offering in the United States with the Securities and Exchange Commission on Thursday.
Chinese ride-hailing firm Didi discloses U.S. IPO plans
(Reuters) -Chinese ride-hailing firm Didi Chuxing on Thursday made public its filing for a U.S. stock market listing, setting the stage for what is expected to be one of the world's biggest initial public offerings this year.
Didi, China’s giant ride-hailing company, filed paperwork for an initial public offering in the United States with the Securities and Exchange Commission on Thursday.The company, which describes itself as the world’s largest mobility platform, offers ride hailing, taxi and carpooling services in China. Didi is also investing in autonomous driving. It intends to list on either the New York Stock Exchange or the Nasdaq, under the ticker DIDI. The …