‘Chinese Uber’ Didi valued at $80B in US IPO as shares soar ...Middle East

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‘Chinese Uber’ Didi valued at $80B in US IPO as shares soar
source : New York Post ( Middle East ) () 11
Shares in Didi, the largest ride-hailing firm in China, soared nearly 19 percent in their New York Stock Exchange debut Wednesday, valuing the ride-hailing giant at $80 billion in the biggest US listing by a Chinese company since 2014. SoftBank-backed Didi’s stock opened at $16.65, compared with the initial public offering price of $14 per...

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