
Didi launches blockbuster US IPO in quest to go 'truly global'
CNN
Didi went public Wednesday in the biggest US share offering by a Chinese company since Alibaba debuted in 2014.
Stock in China's biggest ride-hailing service finished its first day of trading in New York at $14.14, 1% above its initial public offering price of $14 a share. The stock had climbed nearly 30% to a high of $18 earlier in the trading session. Didi raised $4.4 billion from the stock sale, making it the largest Chinese IPO in the United States since Alibaba's $25 billion offering in 2014, according to Dealogic.More Related News

Oklahoma’s governor picks energy executive Alan Armstrong to fill US Senate seat through end of year
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