25 Sep

Didi invests $200M in Chinese auto trading platform RenRenChe

 China’s Didi Chuxing is already well-known for making investments, but this time around the ride-sharing company has stepped beyond backing companies in its core industry with its latest deal. That’s because Didi has backed China-based car trading platform RenRenChe via a strategic investment that is confirmed at $200 million. Didi is valued at over $50 billion and its on-demand… Read More
Source: TechCrunch – Funding and Exits

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