May 16, 2016 9:05 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
China-based Didi Chuxing is eyeing an IPO for 2018, according to
Reuters.Didi Chuxing is Uber Technologies' main competitor in China and offers a similar service. The company, formally known as Didi Kuaidi was formed lasted year following the merger of 2 companies that were separately backed by
Alibaba Group Holding Ltd (NYSE: BABA) and Tencentcent Holdings.Didi Chuxing dominated the headlines last week as the company received a $1 billion investment from
Apple Inc. (NASDAQ: AAPL) which values the company at around $25 billion.Related Link:
Didi Chuxing Investor Breaks Down Apple's $1 Billion InvestmentReuters, citing "a person with knowledge of the plan" stated in its report that Didi Chuxing is currently looking to raise $3 billion from investors in a new round of financing. The publication added that the company is looking at a 2018 public offering in the United States. Didi Chuxing hasn't ruled out an IPO listing in China but there is a long lost of companies waiting for an IPO approval - making it hard to predict when it would be able to list its stock in its home country.However, Reuters added that a Didi Chuxing spokesperson denied the report and said that the company has no current plans to file for an initial public offering.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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