Ride-Hailing Giant Didi Seeks Up to $4 Billion in U.S. IPO

China’s Didi could have market value of more than $60 billion
Didi plans to sell 288 million shares for $13 to $14 each

WATCH: Chinese ride-hailing giant Didi Chuxing Inc. is looking to raise as much as $4 billion in one of the biggest U.S. initial public offerings of the past decade. (Source: Bloomberg)

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By Julia Fioretti and Crystal Tse

June 24, 2021 at 9:57 PM UTC

Updated on

June 25, 2021 at 1:05 AM UTC

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Chinese ride-hailing giant Didi Chuxing Inc. is looking to raise as much as $4 billion in one of the biggest U.S. initial public offerings of the past decade.

Didi, which is one of the largest investments in SoftBank Group Corp.’s portfolio, is marketing 288 million American depositary shares for $13 to $14 apiece, according to a filing Thursday with the U.S. Securities and Exchange Commission.