SoftBank to invest $1.6b in China’s Didi Chuxing
SoftBank plans to invest around $1.6 billion in Chinese ride-hailing app operator Didi Chuxing, marking the Japanese internet giant’s third investment in the company.
In an interview with CNBC, SoftBank CEO Masayoshi Son (pictured) said the investment in Didi, which follows a $5 billion commitment in 2017 and a $7.3 billion deal in 2016 alongside other investors, reflects...
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