China’s Didi Seeks to Raise up to $2 Billion Amid Uber Revival

Chinese Uber rival Didi is looking to raise fresh funds, an effort that could push its value to about $62 billion

Chinese ride-hailing company Didi Chuxing Technology Co. is looking to raise fresh funds in the hope that investor enthusiasm in the sector has recovered after initial public offerings of Uber Technologies Inc. and Lyft Inc.

The Beijing-based operator of China’s largest ride-hailing platform is asking investors to put in up to $2 billion, according to people familiar with the company’s plans. The company would sell additional shares at the same price when it raised money in July 2018 from Booking Holdings Inc., the travel...

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