The ride-hailing service Didi Chuxing, which counts Apple, Japanese SoftBank Group along with Abu Dhabi’s Mubadala Investment Company as its shareholders, is well capitalised and under no pressure from the stakeholders to list its shares in the near future, according to the top executives at the company.
“There is no immediate pressure from the outside [to do the share float]," Didi’s President Jean Liu told The National in Abu Dhabi. “Most of our investors, I would say, are very visionary and they are also quite patient plus we are still only five-years-old [company] so it’s still a young investment for a lot of them.”
An earlier Reuters report suggested China-based Didi is working toward an initial public offering (IPO) in the US that would likely take place in 2018. Based on the news agency's report, Didi would have had a $50 billion value, which would have made it as the most high-profile listing of a Chinese company in the US, since Alibaba Group Holding IPO.
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