China Investment Corp is a sovereign wealth fund that made an investment in Chinese taxi app firm Didi Kuaidi earlier this month Singapore-based taxi*booking app company GrabTaxi has secured a US$400 million investment round, according to a source speaking to*The Wall Street Journal. With this deal in place, GrabTaxi’s valuation will rise to somewhere between...
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The post GrabTaxi snags US$400 million in funding from China Investment Corp and others appeared first on e27.
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