Chinese ride-hailing giant Didi Chuxing started operations in Russia on August 25. The company launched its Didi Express service in Kazan, capital of the Republic of Tatarstan in the east-central part of European Russia. Photo: Handout
Chinese ride-hailing giant Didi Chuxing started operations in Russia on August 25. The company launched its Didi Express service in Kazan, capital of the Republic of Tatarstan in the east-central part of European Russia. Photo: Handout

Didi Chuxing valuation could rise amid international expansion, analysts say

  • Global expansion is expected to help Didi ‘tell a better story’ when it comes time for the company to go public
  • Didi has set a target of serving 800 million monthly active users globally by 2022

Chinese ride-hailing giant Didi Chuxing started operations in Russia on August 25. The company launched its Didi Express service in Kazan, capital of the Republic of Tatarstan in the east-central part of European Russia. Photo: Handout
Chinese ride-hailing giant Didi Chuxing started operations in Russia on August 25. The company launched its Didi Express service in Kazan, capital of the Republic of Tatarstan in the east-central part of European Russia. Photo: Handout
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