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Uruguay's DLocal valued at nearly US$9 billion in Nasdaq debut

(Corrects headline and paragraph 1 to say market capitalization of US$9 billion, not US$4.5 billion)

: Shares of DLocal Ltd leapt nearly 48per cent in their U.S. stock market debut on Thursday, giving the Uruguayan cross-border payments company a market capitalization of nearly US$9 billion.

(Reporting by Sohini Podder in Bengaluru; Editing by Shinjini Ganguli)

Source: Reuters

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