BEIJING (Reuters) – Chinese ride-hailing giant Didi Chuxing, which is backed by SoftBank, Alibaba and Tencent, said on Friday that 3.1% of passenger fees for rides will go towards its profit last year.
It added that it would adjust its pricing strategy after receiving driver’s advises. Didi also operates other businesses including sharing bikes, grocery and logistics services.
Nine-year-old Didi Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster initial public offering in New York, sources told Reuters.
(Reporting by Yilei Sun and Tony Munroe, editing by Louise Heavens)