Ride-hailing app Didi Chuxing is trying to raise up to $2 billion in fresh funds, according to media reports. mak_robyn explains why there’s still reason for investors to be cautious.
Chinese ride-hailing company Didi Chuxing is working to raise up to $2 billion, the Wall Street Journal reported on July 17, citing sources familiar the matter. The funding round is likely to value the company at around $62 billion, the report said.
The company last raised $500 million from U.S. travel group Booking Holdings in July 2018. Financial details were not disclosed at the time. In 2016, Uber sold its Chinese business to Didi in exchange for a minority stake. Uber's 15.4% share of Didi was valued at $8 billion as of December, according to filings.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Didi Chuxing is allowing users to book rides with rival services through its own appDidi is allowing users to book rides with rival ride-hailing companies to correct driver/rider imbalance and keep users within its system.
Consulte Mais informação »
China’s Didi Seeks Up to $2 Billion as Ride-Hailing Firms Want Investors to Fund GrowthChinese ride-hailing company Didi Chuxing Technology is looking to raise fresh funds from investors, the latest sign that firms in the sector are eager to raise money to fuel investments while posting steep losses.
Consulte Mais informação »
China’s Didi Seeks to Raise up to $2 Billion Amid Uber RevivalChinese ride-hailing company Didi Chuxing Technology is looking to raise fresh funds in the hope that investor enthusiasm in the sector has recovered after initial public offerings of Uber and Lyft.
Consulte Mais informação »
China’s Didi Seeks to Raise up to $2 Billion Amid Uber RevivalChinese ride-hailing company Didi Chuxing Technology is looking to raise fresh funds in the hope that investor enthusiasm in the sector has recovered after initial public offerings of Uber and Lyft.
Consulte Mais informação »
China’s Didi Seeks Up to $2 Billion as Ride-Hailing Firms Want Investors to Fund GrowthChinese ride-hailing company Didi Chuxing Technology is looking to raise fresh funds from investors, the latest sign that firms in the sector are eager to raise money to fuel investments while posting steep losses.
Consulte Mais informação »
Auto pessimism could be over-revved in ChinaA grim start to the year saw sales slump by more than 10%. Chaos reigned amidst new rules, while Beijing remained reluctant to offer stimulus. But policy pressure is uneven, and the worst could be past: luxury brands and electric-car makers might be the first to pep up.
Consulte Mais informação »