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Didi Chuxing, Uber’s Chinese Competitor Ended Its Funding, Bagged $7.3 billion

Didi Chuxing has affirmed the full degree of its most recent funding round, pretty much as Uber’s principle rival in China declared it has raised an incredible $7.3 billion from various remarkable financial specialists.

A portion of the components of Didi’s financing were reported as and when they happened — for instance, Apple uncovered a $1 billion interest in the Beijing-based E-taxi firm a month ago. This declaration, which agreed with Apple CEO Tim Cook’s significant appeal hostile over the area, speaks to the greatest single venture Didi has ever gotten. Also, not long ago, Didi reported that $600 million had been raised from state-possessed China Life Insurance. ---------

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