Monday, August 3, 2015

China state fund CIC invests in taxi app Didi Kuaidi: source, 8-3-15 9:54am PST

8-3-15 9:54am PST

Reuters: Technology News
China state fund CIC invests in taxi app Didi Kuaidi: source
BEIJING (Reuters) - China's sovereign wealth fund has invested an unspecified amount in Didi Kuaidi, China's dominant ride-hailing app which is competing against U.S. firm Uber Technologies, a person with knowledge of the matter said on Tuesday.