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China's Didi to consider IPO in US next year

Timing depends on how its battle with Uber in China plays out, say sources

BT_20160517_DNDIDI17_2283448.jpg
A taxi driver using the Didi Chuxing app while driving along a street in Guilin. China's biggest ride-hailing app operates in 400 cities and has reached break-even point in about half of them.

Hong Kong

APPLE Inc may not need to wait that long before it reaps the benefits of investing US$1 billion in Chinese car-hailing service Didi Chuxing.

Didi is targeting an initial public offering in New York next year, according to people familiar with the matter. The timing will...

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