Exclusive: Didi considers 2021 Hong Kong IPO, targets valuation of more than $60 billion, sources say


Source: investing.com investing.com

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© Reuters. FILE PHOTO: A Didi Chuxing driver on the road in Beijing By Julie Zhu and Kane Wu HONG KONG (Reuters) - China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking previous aims to list in New York amid rising Sino-U.S. tension. Didi, backed by technology investment giants SoftBank (T: 9984 ), Alibaba (N: BABA ) and Tencent (HK: 0700 ), has started initial talks with investment banks for the long-awaited IPO, according to three people. The people spoke on condition...