SoftBank confirms $5b investment in Didi's $5.5b round
SoftBank Group contributed $5 billion of the $5.5 billion funding round announced at the end of last month by China-based ride-hailing app operator Didi Chuxing – almost certainly the largest single investment in a Chinese internet company.
The Japanese tech conglomerate disclosed the investment in its earnings report for the 2017 financial year, but did not specify whether the entire commitment was part of the institutional funding round....
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