![]() The people said Didi is targeting a valuation of more than $60 billion by the time of IPO launch, expected as soon as in the first half of 2021. The people spoke on condition of anonymity as the information, including the identity of the banks, was private. It's looking to formally appoint lead banks for the float in the coming months, two of them said. With a small team, TechNode provides timely news and thoughtfully researched articles for worldwide readers interested in learning more about the Chinese tech industry.China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering next year, dropping previous aims to list in New York amid rising Sino-US tension, people with knowledge of the matter said.ĭidi, backed by technology investment giants SoftBank, Alibaba and Tencent, has started initial talks with investment banks for the long-awaited IPO, according to three people. ![]()
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