Competition in China's booming mobile payment market is set to intensify, after Didi Chuxing, the country's largest ride-hailing company, acquired a much-coveted license to enter the internet finance sector. The move is seen as posing a challenge to United States rival Uber as the Chinese company looks to expand overseas.
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According to CNBC, Softbank said it had invested, but did not disclose the amount.
According to Didi the fundraising attracted both Chinese and worldwide investors. "We will also embark on initiatives in building new energy vehicle service networks, as part of the company's efforts to lead the transformation of automobile and transportation industries and work towards global energy interconnection", it said.
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But on Wednesday, Franken's office finally announced a timeline for his resignation in the midst of the tax bill being passed. . But he insisted that some of the allegations against him were "simply not true. others, I remember very differently".
Sources, reported by the Wall Street Journal, said that Softbank - the Japanese telecoms and ecommerce group, and an existing investor - was among the latest investors, as well as the Abu Dhabi sovereign wealth fund Mubadala Capital.
Didi president Jean Liu told The National last month the company was in no hurry to raise further money via an initial public offering, noting that the company was well-capitalised and that there was no pressure for a listing from its investors.
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He'll play defense for the Lions, either at defensive end or linebacker, a spot where the Lions are looking thin for 2018. The time has come I'm officially committed! Even without Parsons' signature, the Buckeyes are still in pretty good shape.
The Beijing-based company is the world's second-most valuable startup, trailing only Uber Technologies Inc., and is said to have been valued at $50 billion after raising more than $5.5 billion in April.