Didi

  • Didi said to be considering US IPO at valuation of at least $100 billion

    Didi sees an advantage of a New York IPO in that the pace of the listing is more predictable and the market is better capitalized in the second quarter.

  • Didi reportedly to expand into Europe, Africa, Middle East to compete directly with Uber

    Chinese shared-ride giant Didi Chuxing is set to open up markets in Europe, Africa, and the Middle East to compete directly with Uber, according to a report by local media outlet LatePost on Monday.

  • Didi reportedly to list in Hong Kong in Q2

    Didi is targeting a valuation of more than $60 billion for its IPO, and will complete its listing on the Hong Kong Stock Exchange in the third quarter.

  • Didi said to be considering entering Western European markets

    Didi is looking for new markets as its growth momentum slows in its home market in China.

  • Didi said to be planning HK IPO in 2021, targeting $60-80 billion valuation

    Didi was founded in 2012 and has raised more than 100 billion yuan in cumulative funding to date, having received backing from SoftBank, Alibaba and Tencent.

  • Didi's market share in Latin America approaches 50%

    This underlines Didi's firm determination to develop in overseas markets.

  • Didi unveils D1, a car for sharing and built in partnership with BYD

    Didi plans to launch the D3 with autopilot in 2025. Didi wants to remove the cockpit by 2030 to enable fully automated driving.

  • Didi will reveal a model called D1 on Nov 16, possibly built with BYD

    Chinese ride-sharing giant Didi will unveil a vehicle called the D1 on November 16, a poster released by the company today showed.

  • Didi and BAIC unveil next-gen L4 self-driving car

    Chinese ride-sharing platform Didi Chuxing's new generation L4-class automated driving vehicle, a collaboration result between Didi and BAIC, was unveiled for the first time at the World Smart Connected Vehicle Conference on 11 November 2020 and offered for test rides.

  • Didi Chuxing announces entry in to New Zealand, its 11th overseas market

    Chinese ride-sharing platform Didi Chuxing has announced its entry into New Zealand, first offering services in the country's largest commercial, industrial and port city, Auckland.