Ahead of IPO, China’s Didi seeks a $1.5 bln spinoff

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Chinese ride-hailing giant Didi Chuxing is looking to spin off its car services unit in a deal worth up to $1.5 billion, ahead of its expected IPO, people with direct knowledge of the matter told Reuters. Ed Giles reports.

Ahead of IPO, China’s Didi seeks a $1.5 bln spinoff

Tags : china, Chinacar services, Spinoff, ipo, Rideshare, Didi, Car services

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