Didi Global valued at $80 billion in mega US IPO as shares soar

SoftBank-backed Didi Global's stock opened at $16.65, compared with the IPO price of $14 per share. Its listing in New York is the biggest US share sale by a Chinese company since Alibaba Group Holding raised $25 billion in 2014.

from Tech-Economic Times https://ift.tt/3w7gCcm