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China’s Didi valued at $80 billion in mega U.S. IPO as shares soar

Stock Markets14 minutes ago (Jun 30, 2021 12:57PM ET)

(C) Reuters. A man walks past a Didi logo at the headquarters of Didi Chuxing in Beijing, China November 20, 2020. REUTERS/Florence Lo/Files

(Reuters) – Chinese ride-hailing giant Didi Global Inc shares jumped nearly 19% in their New York debut on Wednesday, valuing the SoftBank-backed company at $80 billion and marking the biggest U.S. listing by a Chinese company since 2014.

China’s Didi valued at $80 billion in mega U.S. IPO as shares soar

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