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Didi Global Inc., China’s largest ride-hailing app operator, went public on the New York Stock Exchange on June 30, pricing its initial public offering at the top of its range at $14 (¥1,540), meaning its total market value would reach some ¥8 trillion.

It is not surprising that the market welcomed the debut, considering the company’s rapid growth in the roughly nine years after its launch, making full use of artificial intelligence and data systems as its business strategy.

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