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Uber’s Chinese rival just raised $4 billion

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12-25-2017, 11:08 AM	#1
NewsBot Registered User Senior Member Join Date: Jun 2010 Posts: 48,573	Uber’s Chinese rival just raised $4 billion As turbulent as 2017 was for Uber, 2018 looks set to start off even worse for the maligned company, as China’s Didi Chuxing says it raised over $4 billion from SoftBank Group in yet another round of funding. The large injection of cash makes Didi the world’s second-largest startup, with a valuation of $56 billion, and over $12 billion... More...

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