Didi shares set to open over 14% higher in mega U.S. IPO

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(Reuters) – Chinese ride-hailing giant Didi Global Inc shares were set to open more than 14% higher in their New York Stock Exchange debut on Wednesday, which would value the SoftBank-backed company at more than $77 billion.

At 11:20 a.m. ET, Didi shares were indicated to open between $15 and $16, compared with the initial public offering price of $14 per share.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Arun Koyyur)



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