The highlights of Chinese ride-hailing giant Didi’s IPO filing, in five numbers

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The highlights of Chinese ride-hailing giant Didi’s IPO filing, in five numbers

China’s largest ride-sharing company Didi Chuxing has filed for a highly anticipated listing in the US, offering the first comprehensive glimpse of the firm’s financial performance. Didi could aim to raise between 8% to 10% of an around $70 billion valuation, according to the Wall Street Journal. Founded in 2012 by Chinese entrepreneur Cheng Wei, an Alibaba alumni, Didi has a similar business model to Uber and Lyft, allowing users to order ride-hailing services through a smartphone app.