China’s ride-hailing firm Didi files for U.S. IPO

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China’s top ride-hailing firm Didi Chuxing has filed for an initial public offering in the United States, a regulatory filing showed. (https://bit.ly/2RGjK0s)

The firm, backed by Asian technology investment giants SoftBank Corp, Alibaba Group Holding Ltd and Tencent Holdings Ltd, was looking to list as soon as July, Reuters reported in April.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Anil D’Silva)