Didi has started preliminary discussions with investment banks on the long-awaited IPO, people familiar with the matter said. Didi will go public as soon as possible in the first half of next year, aiming to get a valuation of more than $60 billion when it launches its IPO. Since the second quarter of this year, Didi has begun to record solid profits, and some investors are now eager to cash in. Didi was founded eight years ago with investments from Softbank group, Alibaba group and Tencent holdings. According to people familiar with the situation, Didi’s IPO plan is still in its infancy and may change with market conditions. Didi is also considering a new round of financing ahead of the IPO to raise its valuation. In the secondary private equity market, some of Didi’s shares traded well below the $56 billion valuation the company received in 2017. Global Tech