China’s Didi raises over $5.5b in record tech funding

China’s Didi raises over $5.5b in record tech funding

The Didi Chuxing application is displayed on a smartphone screen in this arranged photograph taken in Shanghai, China, on Sunday, May 22, 2016. Photo: Bloomberg

Ride-hailing giant Didi Chuxing raised more than $5.5 billion from investors, scoring the single largest round of funding on record to bankroll an expansion beyond China and into driver-less technology.

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