A Didi sign is seen on a car during the China Internet Conference in Beijing in this file photo. Ride-hailing giant Didi Chuxing Technology Co. is looking to spin off its car services unit in a deal worth up to US$1.5 billion, ahead of its expected initial public offering (IPO), sources said. While Didi has never confirmed its plans for an IPO, the spinoff of what is an asset-heavy part of its business could be a step in that direction.SD-Agencies |