Why Didi Global, Baozun, and GDS Holdings Were Up Big Today
Despite already having rallied in the early part of the week, Chinese tech companies Didi Global (NYSE: DIDI), Baozun (NASDAQ: BZUN), and GDS Holdings Limited (NASDAQ: GDS) skyrocketed again today, up 14.3%, 12.5%, and 8.8%, respectively, as of 1:31 p.m. ET. Didi is a ride-sharing platform, Baozun is a software and logistics company that helps brands go direct to consumers with e-commerce, and GDS runs data centers for large internet, financial, and cloud companies.