China's Didi touts tech spending ahead of Wall St debut

China's Didi touts tech spending ahead of Wall St debut

3 years ago
Anonymous $drS9DEX_Sj

https://apnews.com/892017a21181bc873a4e4599a6b30b0f

BEIJING (AP) — Chinese ride-hailing service Didi says it lost $5.5 billion over the past three years ahead of its U.S. stock market debut Wednesday but it's highlighting its global reach and investments in developing electric and self-driving cars.

The Beijing-headquartered company operates in 16 countries but almost 90% of the 493 million customers who used the service at least once in the past year are in China.

China's Didi touts tech spending ahead of Wall St debut

Jun 30, 2021, 7:18am UTC
https://apnews.com/892017a21181bc873a4e4599a6b30b0f > BEIJING (AP) — Chinese ride-hailing service Didi says it lost $5.5 billion over the past three years ahead of its U.S. stock market debut Wednesday but it's highlighting its global reach and investments in developing electric and self-driving cars. > The Beijing-headquartered company operates in 16 countries but almost 90% of the 493 million customers who used the service at least once in the past year are in China.