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.

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