Wednesday, July 18, 2018

Didi seeks $1.5 billion car services spinoff ahead of likely IPO: sources

Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion, ahead of its expected initial public offering (IPO), people with direct knowledge of the matter said.


from Reuters: Technology News https://ift.tt/2uusnfR
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