After Didi Kuaidi was revealed earlier this week to have backed Lyft, it has now confirmed the deal was worth $100m and preceded a partnership agreement.
China-based ride-sharing app Didi Kuaidi has confirmed it contributed $100m to its US peer Lyft’s $680m series E round and has now inked a partnership agreement, TechCrunch reported yesteday.
Didi Kuaidi’s investment was revealed earlier this week, when it emerged that e-commerce company Alibaba and internet company Tencent had injected capital in the series E round, which closed in May 2015, as well.
Lyft and Didi Kuaidi have also now entered an agreement to enable users to book rides on…
