SoftBank, Legend invest $150m in Didi's bike-sharing play Qingju: Report

FILE PHOTO: The logo of Didi Chuxing is seen at its headquarters in Beijing, China, May 18, 2016. REUTERS/Kim Kyung-Hoon/File Photo

SoftBank and Legend Capital have invested $150 million in Qingju, Didi Chuxing’s bike-sharing unit, marking the first time the unit raised funding from outside investors, the Information reported Monday, citing sources.

Last week, a Reuters report citing sources said that the bike-sharing unit had raised more than $1 billion in its latest round. The Information said that the unit received $850 million of that amount from Didi itself.

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