Uber's China rival Didi Kuaidi raising about $1b

Uber's China rival Didi Kuaidi raising about $1b

Visual from the Didi Dache website that merged with its with its competitor Kuaidi Dache in a $6 billion deal in February 2015

Ride-hailing service Didi Kuaidi, a Chinese rival to Uber, plans to raise about $1 billion in its latest fundraising round, the Wall Street Journal reported, citing sources.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter