China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Poly Group Invests $400M As Part Of Didi's New Funding Round
Aggregated Source: China Money Network
CarrrroooChinese state-owned real estate conglomerate Poly Group has invested US$400 million in Didi Chuxing as the country's largest ride share company's latest US$7.3 billion financing round announced last week. Poly, which invested through two vehicles managed by Poly Capital Management, will in turn obtain a 1.45% of Didi Chuxing at a valuation of over US$27.6 […]


Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network