Ride hailing service Dida Chuxing will reportedly target $500m in the offering, which would represent an exit for Nio Capital, BitAuto, JD.com and Ctrip,

Dida Chuxing, the China-based ride hailing service backed by corporate investors BitAuto, Nio, JD.com and Ctrip, has filed to float on the Hong Kong Stock Exchange. The company is reportedly targeting about $500m in the offering, which would represent the first IPO for a Chinese company operating in the ride hailing sector. Haitong International Capital…

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