|
Title: News: Conflicting reports on alleged IPO plans for Apple-funded Chinese ride-sharing service Post by: HCK on May 16, 2016, 04:05:25 pm News: Conflicting reports on alleged IPO plans for Apple-funded Chinese ride-sharing service
Less than a week after Apple announced a $1 billion investment in Chinese ride-hailing company Didi Chuxing, speculation has ramped up that the company is planning an initial public offering. Bloomberg cites internal sources that claim Didi Chuxing hopes to make an IPO in New York next year, with the timing pegged to how its battle with Uber in China plays out. But a spokesperson from Didi flatly denied the claim to TechCrunch, saying, “We currently… Source: News: Conflicting reports on alleged IPO plans for Apple-funded Chinese ride-sharing service (http://www.ilounge.com/index.php/news/comments/conflicting-reports-on-alleged-ipo-plans-for-apple-funded-chinese-ride-shar) |