In good company: Foxconn joins Didi's roster of investors including Apple, Uber Technologies and Chinese firms Tencent Holdings, Alibaba and Baidu.
HONG KONG/BEIJING: Taiwan's Foxconn has invested US$119.9mil (RM487mil) in Chinese ride-hailing firm Didi Chuxing via one of its subsidiaries, the world's largest electronics manufacturer said on Thursday, in a deal that could value the start-up at about US$33.7bil (RM136.9bil).
With the addition of Foxconn, Didi's roster of investors is increasingly a who's who of global tech giants, including the likes of Apple Inc, Uber Technologies Inc and Chinese firms Tencent Holdings Ltd, Alibaba Group Ltd and Baidu Inc.
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