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DiDi plans before its own IPO already the listing of its eCommerce subsidiary

DiDi, as one of the most valuable startups globally, is expected to make a US IPO this summer. However, there are now media reports that Didi plans to spin off its community group buying business "Chengxin Youxuan" a year or two after the IPO and then list it separately. Based on both IPOs, Didi has much capital to aggressively pursue potential global expansion and challenge Uber in many markets.


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