Reuters reported earlier this morning that the popular Didi Chuxing-Chinese ride service was leading an American initial offer with Goldman Sachs and Morgan Stanley. Now it has come to light that the company has apparently already submitted a confidential to the IPO. Apple invested $ 1 billion in Didi in 2016, which also put him in charge of the ride-sharing service.
Reuters reported earlier this morning that Didi was expected to enter privately for his IPO sometime this month. However, it looks like it may have already happened as tweeted by ZeroHedge.
Along with Apple’s $ 1 billion investment in Didi, the ride service giant’s key supporters are SoftBank, Alibaba and Tencent. Didi is reportedly looking at a $ 100 billion valuation.
In 2017, Apple CEO Tim Cook said he was investing in Didi as a ‘chance to learn more about certain parts of the Chinese market’, while also believing that Didi has the potential to drive traffic jams out. to switch. The move will undoubtedly be quite profitable for Apple as well.
And by connecting the dots, with Apple Car plans possibly including a robo-taxi service, the company was able to learn a lot of valuable knowledge from its involvement with Didi over the past six years that it could utilize in a future ride. service.
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