SoftBank, Uber and Tencent are the largest external shareholders of the on-demand ride service, which has floated in an upsized $4.44bn offering.

Didi Global, the China-headquartered ride hailing service backed by corporates SoftBank, Alibaba, China Life, Tencent, Apple, Booking Holdings, Ping An, eHi and Sina Weibo, went public today in a $4.44bn initial public offering. The company increased the amount of shares in the offering from 288 million American Depositary Shares (ADSs), with four ADSs equalling one…

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