 TechCrunch |
Insurance firm China Life puts $600M into Didi Chuxing months after backing Uber
TechCrunch Can't beat 'em, join 'em. That appears to be the thinking of China Life, Asia Pacific's highest valued insurance firm, after it backed Chinese taxi app Didi Chuxing barely months after investing in fierce rival Uber. Didi announced today that it has … China's Uber rival Didi Chuxing raises $600 million from China Life Insurance Didi Chuxing, Uber's Chinese Rival, Raises $600 Million From China Life Insurance Didi Chuxing receives $600m investment from China Life Insurance |
SOURCE: Insurance – Google News – Read entire story here.
