Skip to content
Subscriber Only

Didi Taxi Sees U.S. IPO in as Soon as Three Years

Didi Taxi plans to hold an initial public offering in three to five years, preferably in the U.S., as the cab-booking application backed by Tencent Holdings Ltd. vies to become China’s largest provider of the service.

“We will definitely do an IPO,” Zhang Bo, Didi’s co-founder, said in an interview in Beijing. A U.S. listing “makes the most sense” given that the company is registered in the Cayman Islands, he said, without giving more specific details.