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Didi Chuxing

China's Didi raises $1.5bn for freight unit
Business & Finance

China's Didi raises $1.5bn for freight unit

  • The funding, the unit's first round, was led by investors including Singapore state investor Temasek Holdings, CPE and IDG Capital, said the source, who declined to be named as the issue is not public.
  • The on-demand logistics services sector in China however is considered to be a crowded market, with Manbang, Huolala and Kuaigou as market leaders.
Published 26 Jan, 2021 05:12pm