NEW YORK - Ride hailing app Didi Chuxing is preparing for an initial public offering in New York, Bloomberg reported, citing people familiar with the matter.
China-based Didi, a rival to Uber Technologies Inc, is targeting a listing as soon as next year, Bloomberg said on Monday.
The timing will depend on how Didi's battle with Uber in China plays out, Bloomberg said, citing the people.
"We don't have any such plan or schedule", Didi Chuxing's spokesperson said in a statement.
Apple Inc last week said it had invested $1 billion (696 million pounds) in Didi. Chief Executive Tim Cook said the move would help the company better understand the critical Chinese market. -Reuters
About 92 News HD Live Main TV Channel of Pakistan:
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92 News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں
آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔