Didi invests $200m in China's VC-backed Renrenche
Chinese ride-hailing app operator Didi Chuxing has invested $200 million in Renrenche, a local consumer-to-consumer used-car trading platform, which is backed by several VC investors.
Didi is the sole investor in the latest round. It comes one year after the company securing $150 million from the likes of Prometheus Capital, China Minsheng Investment, Tencent Holdings and Shunwei Capital...
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