DiDi Jumps After Second-Biggest U.S. IPO by a Chinese Company1 min read 30 Jun 2021, 11:27 PM IST
The company’s American depositary shares opened at $16.65, after pricing at $14 each
The shares were up 19% to $16.63 at 1:08 p.m., giving Didi a market value of about $80 billion
Chinese ride-hailing giant Didi Global Inc. rose as much as 29% in its trading debut Wednesday after raising about $4.4 billion in a U.S. initial public offering.
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