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April 27, 2017 08:52 am GMT

Chinas Didi Chuxing is raising up to $6 billion at a valuation of over $50 billion

Didi Chuxing, theon-demand giantthat drove Uber out of China, is set to become the world’s second-highest valuedtech startup. Beijing-based Didi is in the process of raising a round that could reach as highas $6 billion at a valuation that would exceed $50 billion, a source with knowledge of discussions told TechCrunch. That’s not far from Uber itself, which is said to… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wuO4OzFU2Ms/

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