The ride hailing company is in talks to raise up to $6bn at a $50bn valuation, with existing backer SoftBank set to be among the investors.
China-based on-demand ride service Didi Chuxing is getting near to raising up to $6bn at a $50bn valuation from investors including telecommunications firm and existing backer SoftBank, undisclosed sources have told Reuters.
Private equity firm Silver Lake Partners and financial services firms China Merchants Bank and Bank of Communications are also set to take part. The news follows people familiar with the matter telling Bloomberg the company was looking to raise “at least” $5bn at the same valuation.
The round would value…
