Didi
BEIJING: Chinese ride-hailing giant Didi Chuxing just raised more than US$5.5bil, giving Uber Technologies Inc chief executive officer Travis Kalanick one more thing to worry about.
Didi’s record funding round is said to value the company at more than US$50bil and gives it a war chest to ramp up efforts to harness artificial intelligence, build driverless cars, and compete more aggressively in foreign markets.
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