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Didi Fights to Prove It’s More Than Just China’s Uber

  • Softbank-backed Didi’s shares traded at $33 to $35 per share
  • Investors are growing wary of ride-hailing business globally
Coatue Hedge Fund Bets on Didi, China's Apple-Backed Uber Rival

Photographer: Qilai Shen/Bloomberg

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China’s Didi Chuxing, after two horrendous years in its ride-hailing business, is losing the confidence of at least some investors that it can live up to its once-lofty ambitions.