https://www.reuters.com/article/us-didi-spinoff/didi-to-spin-off-car-services-unit-in-up-to-1-5-billion-deal-sources-idUSKBN1K705Z

Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion ahead of its expected initial public offering, people with direct knowledge of the matter told Reuters.