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All You Need to Know about Didi, the "Chinese Uber"
China's largest ride-hailing company is set to make a splash on Wall Street soon.
Didi - formerly Didi Chuxing - has filed its papers with the SEC for an NYSE listing at a valuation of more than $60bn. It expects to raise about $4bn in what could be the largest international listing of 2021.
Didi’s mammoth IPO comes less than a decade since its founding: a meteoric rise for a startup founded by a former assistant at a foot massage company. And a rise ridden with controversies and cut-throat competition.