Re:China's Didi Raises Over $5.5B in Record Tech Funding
by netvarun on Friday April 28, 2017 @09:48PM
(#14224557)
Could you confirm/cite a source that didi owns shares in uber?
My understanding was that uber got ~20% of didi shares in exchange for ceding the Chinese market.
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Re:China's Didi Raises Over $5.5B in Record Tech Funding
by nullnilvoid on Friday April 28, 2017 @11:52PM
(#14224944)
When Didi acquired Uber China, Didi also invested $1B in Uber and got some Uber shares in return. Here is the link to WSJ:
https://www.wsj.com/articles/china-s-didi-chuxing-to-acquire...