Taxi Apps Raise Billions, Next Didi Chuxing

Posted on 06/13/2016


 Didi Chuxing Technology Co., formerly known as Didi Kuaidi, boosted its capital reserves by raising more than US$ 600 million from China Life Insurance Co Ltd. US$ 300 million was for equity and US$ 305 million was for a long-term borrowing commitment. Didi Chuxing is China’s largest ride-sharing company and is a rival to San […]

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