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Asia Uber/Lyft

Didi’s IPO Hurdles: Profits and Regulations

After acquiring its biggest rival, Uber China, Didi Chuxing is relatively free to run away with the largest ride-sharing market in the world.

But the company, valued at $34 billion in a recent financing, is working through big challenges on both the regulatory and business fronts. It must clear both if it is to pull off a successful IPO in the coming years and expand its presence around the world, as it has promised to do.

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