China’s Top Taxi App Firm Is Raising $1.5 Billion To Battle Uber

taxi china China’s taxi app war is about to enter its second era. Just days after a leaked memo showed Uber is raising $1 billion solely for its business in China, Bloomberg reports that Didi Kuaidi — China’s largest taxi app company, courtesy of a recent billion dollar merger — is out to raise $1.5 billion. Read More

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