Friday, September 9, 2016

Foxconn invests US$120M in Chinese ride-hailing startup Didi Chuxing

The announcement comes at a time when Didi is being investigated by Chinese Ministry of Commerce for a possible violation of antitrust laws related to its purchase of Uber China Taiwanese electronics manufacturer Foxconn has invested US$119.9 million in Chinese ride-hailing startup Didi Chuxing. The deal could value the company at around US$33.7 billion, according...
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