epa05303061 A commuter shows the Didi Chuxing app on her iPhone in Beijing, China, 13 May 2016. US technology giant Apple Inc. has invested 1 billion US dollars in Didi Chuxing, a Chinese ride-sharing company and a rival of Uber in China, the company said in a statement on 13 May. EPA/HOW HWEE YOUNG
BEIJING: Chinese ride-hailing app Didi Chuxing is mulling an initial public offering, a report said, after US technology giant Apple invested US$1bil (RM4.02bil) in the rival to Uber.
Didi is “targeting” a listing in New York next year, Bloomberg News said, citing unnamed people “familiar with the matter”.
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