#Didi chinabased linkdoc ipotimes driversĪround 8,000 van drivers were recruited for the freight service, and more than 10,000 orders were secured, in its first day of operation, the company said.The Chinese ride-hailing giant is also pushing into the freight logistics industry with the launch of a pilot service in the eastern city of Hangzhou and Chengdu, the capital of southwestern Sichuan province, late last month.Didi has been piloting a home delivery business in over 20 domestic cities since March, but is reportedly (in Chinese) struggling to take market share from industry giants such as Meituan and JD.Ĭiting an early investor in the company, Caixin wrote that recent harsh regulatory scrutiny from the Chinese authorities will make the $80 billion figure unlikely.Ĭontext: After a difficult year, during which its business was hit first by public outrage over two customers murdered by Didi drivers, and then by the global Covid-19 outbreak, Didi is now looking to make up for losses in core businesses while diversifying its revenue in a bid to boost its valuation. #Didi chinabased linkdoc us ipotimes drivers# Caixin cast doubt upon the $80 billion figure, writing that the company is currently valued at around $56 billion.On Tuesday, Caixin also reported (in Chinese) that Didi was proceeding a Hong Kong listing plan, adding that institutional investors had requested a chance to exit through an IPO.News first broke on Monday that Didi was seeking a public listing at a target valuation of up to HKD 600 billion ($80 billion) in the Hong Kong stock market, according to a Chinese media report.A company spokesman on Wednesday told TechNode that an IPO was not the company’s “top priority,” and that it did not have such plans for the moment.They added that changes could occur in details of the plan, since deliberations are at an early stage. TechNode’s sources did not comment on the company’s valuation.
READ MORE: As China tech stocks surge, a fundraising window opensĭetails: Didi is seeking to hire investment banks to advise on a potential IPO in Hong Kong, said people familiar with the matter. #Didi chinabased linkdoc us ipotimes tv#.#Didi chinabased linkdoc us ipotimes drivers#.
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