It is reported that by the time the shares of Chinese ride-hailing giant DiDi Global Inc. are listed in the United States, the company's co-founder Cheng Wei will soar in the rich list.

The company last week filed an initial public offering (IPO) under the company name Xiaomu Kuaizhi and revealed that the Chinese entrepreneur had a 7 per cent stake. DiDi Global Inc. is said to have been trading on the secondary market in recent months at a valuation of about $95 billion, which could be worth as much as $6.7 billion, according to the Bloomberg Billionaires Index.

Liu Qing, the company's co-founder and president of DiDi Global Inc., has a 1.7 per cent stake, which could be worth $1.6 billion. In total, eight other executives own about 1.8 per cent of the company, worth about $1.7 billion.

This is the latest example of rich ride-hailing services in Asia, son'sSoftbank Corp.A number of such companies backed by the group are preparing to go public. Singapore's Grab Holdings Inc. Is preparing to merge with a special purpose acquisition company (SPAC), while Indonesia's GoTo Group is seeking a listing by the end of the year.

"car travel is one of the most important growth industries in Asia," said Gary Dugan, chief executive of Global CIO Office. The scale of DiDi Global Inc. 's IPO "shows how much economic value can be created continuously".

A representative of DiDi Global Inc. did not respond to a request for comment.

Bloomberg News has reported that the startup has more than 493 million annual active users, mainly in China; it previously raised money at a valuation of $62 billion and is considering seeking a valuation of as much as $70 billion to $100 billion in IPO.