Is Didi’s $70 billion valuation justified? Breaking down the debate

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  • CNBC Television published this video item, entitled “Is Didi’s $70 billion valuation justified? Breaking down the debate” – below is their description.

    Didi Global, the Chinese ride hailing giant, went public Wednesday on the New York Stock Exchange. It’s raising a big question for investors: Does Didi have the best position in the local delivery market or will Uber and others win out? CNBC’s Jon Fortt breaks down both sides of the debate.

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