Chinese ride-hailing giant Didi plans U.S. IPO in 2018 - source

Ride-hailing service Didi Chuxing, Uber Technologies Inc's main rival in China, is working towards an initial public offering in the United States that would likely take place in 2018, a person with knowledge of the plan said on Monday. Didi is valued at around $25 billion and its stock market listing would be the most high-profile by a Chinese company in the United States since Alibaba Group Holding Ltd's listing two years ago.