Alibaba-Backed Kuaidi Dache completes $800 million series D funding
Alibaba-Backed Kuaidi Dache, Chinese taxi and private car hailing app maker, has completed US$800 million series D financing, Alibaba Group Holding Ltd (NYSE:BABA), Tiger Global Management LLC, and two other unnamed investors participated in this round of funding. Kuaidi Dache’s taxi apps cover more than 300 cities across the country. The company claims to be the …
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