Chinese ride-hailing giant Didi set to open over 14% higher in mega U.S. IPO

30 JUNE (Reuters) – Didi Global Inc (DIDI.N) shares were expected to begin more than 14 percent higher on Wednesday in their New York Stock Exchange debut, valuing the SoftBank-backed (9984.T) company at more than $77 billion. Didi shares were expected to open between $15 and $16 at 11:20 a.m. ET, compared to the original public offering price of $14 per share. Noor Zainab Hussain contributed reporting from Bengaluru, and Arun Koyyur edited the piece. The Thomson Reuters Trust Principles are our standards./nRead More