Report: China car service-intermediary Didi plans IPO

The Chinese travel service intermediary Didi Chuxing is preparing a report, according to an IPO in Hong Kong. As the Chinese business magazine "Caixin" citing

Report: China car service-intermediary Didi plans IPO

The Chinese travel service intermediary Didi Chuxing is preparing a report, according to an IPO in Hong Kong. As the Chinese business magazine "Caixin" citing one of the company's management reported a source close to, would exercise the existing investors ' pressure to bring the company to the stock exchange. A concrete time plan, the report mentioned.

Didi is by far the largest car service facilitator in China. Worldwide, eight years ago, the company has more than 550 million users.

location to relax in China

The business of Didi was advised due to the Corona pandemic, most recently under pressure because customers used the service for fear of a contagion less. Since then, the Virus seems to be on the most important market of China is under control, have reached the number of trips but again the level before the crisis.

in 2016, had vacated Didi with Uber its largest competitors in the home market through a Takeover out of the way. The two-minute service intermediaries had delivered in China, a sharp competition with massive discounts meant for both high losses. Finally, Didi bought the business in China, the Americans, are since then active in China.

Date Of Update: 22 July 2020, 04:19