Chinese ride-hailing firm Didi discloses U.S. IPO plans


FILE PHOTO: A Didi logo is seen at the headquarters of Didi Chuxing in Beijing, China November 20, 2020. REUTERS/Florence Lo

(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, which merged with then main rival Kuaidi in 2015 to create a smartphone-based transport services giant, counts as its core business a mobile app, where users can hail taxis, privately owned cars, car-pool options and even buses in some cities.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Musk seeks up to $134 billion from OpenAI, Microsoft in 'wrongful gains'
EU to bar Chinese suppliers from critical infrastructure, FT reports
South Korea says US chip tariff to have limited immediate impact
Gmail users must make major decision regarding new AI features in their email
This tech startup is cutting through the noise at CES by railing against 'upgrade culture'
Internet gaming disorder: New book by US psychiatrists helps spot addiction
Report: AI used to generate thousands more child abuse videos in 2025
California demands Elon Musk's xAI stop producing sexual deepfake content
US FTC to scrutinize Big Tech's talent acquisition deals, Bloomberg News reports
Google asks US judge to defer order forcing it to share data while it appeals

Others Also Read