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Aggregated China Business Blogs
Weibo To Invest $142M In Taxi-Hailing App Didi Kuaidi
Aggregated Source: China Money Network
NASDAQ-listed Weibo Corporation has agreed to invest US$142 million in a company that combines two leading Chinese taxi-hailing app makers, Didi Dache and Kuaidi Dache, according to a securities filing. The investment is part of the merged company Didi Kuaidi's latest round of equity financing. Weibo is to invest through its Cayman Islands holding company, […]

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