https://www.reuters.com/article/us-didi-spinoff/didi-seeks-1-5-billion-car-services-spinoff-ahead-of-likely-ipo-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 (IPO), people with direct knowledge of the matter said.