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Poly Real Estate plans to invest RMB 2.5 billion in Didi

06/23/2016|10:50:36 AM|

Poly Real Estate will purchase 1.46% shares of Didi for less than RMB 2.5 billion. This puts the ride-share giant’s worth at about USD 26 billion. However, other data indicate that Didi may be worth at least USD 27.6 billion.

Didi denies rumored plan to get US listing in 2018

05/31/2016|10:33:53 AM|

Ride-hailing service Didi Chuxing, the main rival of Uber Technologies Inc in China, denied on May 30 a rumored plan to go public in the United States in 2018.

Chauffeured war heating up as Didi set to complete another financing round

04/11/2016|4:29:02 PM|

Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors

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