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 […]
