Chinese ride-hailing platform T3 Mobility is looking to raise more than RMB 5 billion ($750 million) in its latest funding round and is seeking a significant boost in valuation over the RMB 24 billion achieved in its previous round, Bloomberg reported Wednesday, citing people familiar with the matter. Backed by big auto and tech names such as FAW, Dongfeng, and Tencent, T3 landed RMB 7.7 billion in a Series A led by state-owned financial conglomerate Citic Group last October. The company has claimed a good portion of market share since Beijing began a cybersecurity review into rival Didi last July, with T3’s daily orders exceeding 3 million in April. [Bloomberg]