Thursday, July 1, 2021

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
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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...