Uber’s Chinese rival just raised $4 billion
December 23, 2017 at 00:10 AM EST
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...
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...