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China's taxi app Didi Chuxing raises $7.3 bn
short by Pragya Swastik / on Thursday, 16 June, 2016
China's largest taxi-hailing app Didi Chuxing on Thursday closed a $7.3 billion funding round, reportedly valuing the startup at around $28 billion. Investors including Apple, China's insurance company China Life, Alibaba's Ant Financial and SoftBank participated in the round. Didi said it now has about $10.5 billion in disposable funds following the new fundraising.
read more at TechCrunch