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BlackRock is the latest Uber investor to back its fierce Chinese rival Didi Chuxing
#HTE
China Life, Asia’s largest insurance firm, isn’t the only Uber investor to double dip and put money into its Chinese rival Didi via its blockbuster $7.2 billion round announced this week. New York-based investment firm BlackRock also partook in the fundraising, which values Didi at $28 billion, a source close to the deal told TechCrunch. Read More
https://techcrunch.com/2016/06/16/blackrock-is-the-latest-uber-investor-to-back-its-fierce-chinese-rival-didi-chuxing/?ncid=rss
China Life, Asia’s largest insurance firm, isn’t the only Uber investor to double dip and put money into its Chinese rival Didi via its blockbuster $7.2 billion round announced this week. New York-based investment firm BlackRock also partook in the fundraising, which values Didi at $28 billion, a source close to the deal told TechCrunch. Read Morehttps://techcrunch.com/2016/06/16/blackrock-is-the-latest-uber-investor-to-back-its-fierce-chinese-rival-didi-chuxing/?ncid=rss