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

Published July 17, 2018 0 Plays

Rumble / Trending NewsChinese 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.