Sources: Didi Kuaidi, Uber's China rival, close to raising $2B at a valuation of about $25B
Bloomberg :
Sources: Didi Kuaidi, Uber's China rival, close to raising $2B at a valuation of about $25B
Uber's China Rival ‘Close to Raising $2 Billion in New Funding’ — Funding said to exceed previous $1.5 billion target on demand — Didi said to be valued at about $25 billion by investors
Source: Didi Kuaidi raising $1B at $20B valuation, but round is oversubscribed, company still negotiating terms with investors
Uber China Rival Didi Kuaidi Raising $1 Billion at Valuation of More Than $20 Billion — The ride-hailing giant aims to stay ahead of Uber, which plans to spend more than $1 billion in China this yea...
Uber CEO says firm loses $1B+ a year in China due to price war with unprofitable competitor
Uber losing $1 billion a year to compete in China — Uber Technologies Inc is burning through more than a billion dollars a year in China as it wages a fierce price war against local rival Didi Kuaid...
Didi Kuaidi says it has booked 1.43B rides in 2015, 200M of them in December
Take That, Uber! Didi Kuaidi Says It Booked Over a Billion Rides Just in 2015. — Last month, Uber declared that it had booked over one billion rides worldwide through its app since its creation in ...
Didi Kuaidi buys stake in Indian ride-hailing group Ola
and could soon merge Ingrid Lunden / TechCrunch : China's Didi Kuaidi Confirms Investment In India's Ola As Uber Rivalry Heats Up Michael de Waal-Montgomery / VentureBeat : Uber's China rival Didi Chu...
Didi Kuaidi buys stake in Indian ride-hailing group Ola
Chinese ride-hailing group Didi Kuaidi has invested an undisclosed amount in Ola, India's largest taxi-hailing app by market share, in a further sign of a growing global alliance among rivals to US-ba...
LinkedIn And Uber's China Rival Didi Kuaidi Ink Deal To Partner On Apps, R&D And Recruitment
LinkedIn took a step today to build up its presence in China, and China's Uber rival Didi Kuaidi took a step to make more inroads into the U.S. tech industry: the two companies have signed a deal …
Didi Kuaidi confirms $100M investment in Lyft; companies will share riders across countries
Sarah Buhr / TechCrunch :
Didi Kuaidi and Lyft in discussions with India's Ola and Singapore's GrabTaxi to expand ride share alliance internationally
Uber Rivals Form International Alliance — San Francisco's Lyft, China's Didi agree to allow their apps to work in respective countries