Didi Kuaidi ups fundraising target to over $1.5b to take on rival Uber

Didi Kuaidi ups fundraising target to over $1.5b to take on rival Uber

Didi Kuaidi raised the target on its latest round of funding to more than $1.5 billion, according to a person familiar with the matter, as China’s largest ride-hailing service stockpiles cash for its battle with Uber Technologies Inc.

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