Following a series of high-profile investments, Didi Chuxing, the company behind China’s top ride-hailing app, has announced the closure of their $7.3 billion USD round.
Earlier this week Didi announced a $600 million USD investment from state-backed insurance company China Life, which followed a $1 billion USD investment from Apple in May. We now have a more comprehensive overview of investors in the round, with some of the top names listed below:
With the exception of Apple and China Life, which is also an Uber-backer, the final list of high-profile investors doesn’t reveal any surprises as they are previous investors. Alibaba and Tencent were investors in Kuaidi and Didi respectively before they merged to make Didi Chuxing. Interestingly, this is the first investment in the ride-hailing firm by Alibaba’s finance arm Ant Financial.
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