Didi Chuxing bags $500m funding from Booking.com parent

Didi Chuxing bags $500m funding from Booking.com parent

A woman walks past Didi Chuxing's booth at the Global Mobile Internet Conference (GMIC) 2017 in Beijing, China April 28, 2017. REUTERS/Jason Lee/Files

Chinese ride-hailing app Didi Chuxing said on Tuesday it has received a $500 million investment from U.S. travel firm Booking Holdings Inc as part of a new agreement.

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