Didi Chuxing Raises $4.5 Billion in New Funding Round

Didi Chuxing Raises $4.5 Billion in New Funding Round
Jun 16, 2016 By eChinacities.com

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Didi Chuxing has raised $4.5 billion in the company’s latest round of fundraising. Apple, China Life, and Ant Financial are new Didi investors. Previous investors including Tencent, Alibaba, Softbank and China Merchants Bank also participated in the latest funding round.

Didi Chuxing is currently one of the fastest growing start-ups in the world. In September 2015, the company raised more than $3 billion in financing. In May this year, Apple invested $1 billion in Didi Chuxing, marking the largest investment in the company so far.

The ride-share start-up has 300 million registered users, nearly 15 million registered drivers. The app offers a number of services including taxis, limos, car pools, ride shares, and more.

Source: inews.qq.com

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Keywords: Apple Didi Chuxing Didi Didi Chuxing

2 Comments

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1

Guest388182
comment|71719|43131

apple, rotten

Jun 17, 2016 05:26 Report Abuse

2

Englteachted
comment|71714|263127

Apple's iwhatever gets blocked, CEO comes for secret meetings, then they pledge to invest in tech firms in China. Connect the dots.

Jun 16, 2016 18:27 Report Abuse