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

Chinese ride-hailing giant Didi Global Inc (DIDI.N) shares jumped nearly 19% in their New York debut on Wednesday, valuing the SoftBank-backed (9984.T) company at $80 billion and marking the biggest U.S. listing by a Chinese company since 2014.

Source:Reuters