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August 8, 2017 06:25 am GMT
A week after its first investment in Europe, Chinese ride-sharing giant Didi Chuxing is spreading its wings once again after it announced a financing deal with Careem, an Uber rival in the Middle East that is valued at more than $1 billion. The size of the investment was not disclosed. Yes, Didi is backing yet another Uber rival in another corner of the world. Aside from Taxify, the Europe… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ohLqjIjKnF4/
Chinas Didi backs Uber rival Careem to expand its global footprint into the Middle East
A week after its first investment in Europe, Chinese ride-sharing giant Didi Chuxing is spreading its wings once again after it announced a financing deal with Careem, an Uber rival in the Middle East that is valued at more than $1 billion. The size of the investment was not disclosed. Yes, Didi is backing yet another Uber rival in another corner of the world. Aside from Taxify, the Europe… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/ohLqjIjKnF4/
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