Didi Kuaidi, CIC join $350m round for Southeast Asia’s GrabTaxi
Didi Kuaidi, China’s largest mobile ride-hailing app operator, and China Investment Corporation (CIC) have participated in a $350 million funding round for Southeast Asia-focused mobile taxi-booking app GrabTaxi.
US-based Coatue Management and other existing investors also took part in the latest round, which brings GrabTaxi's total funding to approximately $700 million, including a previous $250 million investment...
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