The deal comes a week after Uber CEO Travis Kalanick said his company is losing over US$1 billion per year to compete in China China’s taxi-hailing company Didi Kuaidi is expected to raise US$1 billion in a new fundraising round which is reportedly oversubscribed, according to a report by*Bloomberg. Citing a person close to the...
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The post Didi Kuaidi closes in on raising US$1B at US$20B valuation appeared first on e27.
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