TOKYO/PALO ALTO, U.S. -- Chinese viral video platform Kuaishou Technology ranks as the most valuable company that listed in the past year, with a market capitalization of roughly $110 billion despite a 30% drop since its initial public offering, Nikkei research shows.
That makes Kuaishou more valuable than Airbnb, which leads newly listed U.S. and European companies at around $92 billion. Data warehousing provider Snowflake, online game platform Roblox and food delivery service DoorDash also trail the TikTok rival.
