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Didi's record funding round coincides with rough period for Uber

Monday, May 1, 2017 - 05:50

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Chinese ride-hailing giant Didi Chuxing just raised more than US$5.5 billion, giving Uber Technologies Inc chief executive officer Travis Kalanick one more thing to worry about.

Beijing

CHINESE ride-hailing giant Didi Chuxing just raised more than US$5.5 billion, giving Uber Technologies Inc chief executive officer Travis Kalanick one more thing to worry about.

Didi's record funding round is said to value the company at more than US$50 billion and gives it

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