CIC
GrabTaxi, Didi Kuaidi, Lyft and Ola in global pact
GrabTaxi, Didi Kuaidi, Lyft and Ola have announced partnerships that expand the global rideshare agreement Lyft and Didi Kuaidi formed in September.
China’s sovereign wealth fund backs GrabTaxi in US$350mil round
GrabTaxi Holdings Pte Ltd announced its largest ever funding – over US$350 million, from US technology investment firm Coatue Management LLC, China’s sovereign wealth fund China Investment Corporation (CIC), and Didi Kuaidi, a rival service also funded by CIC.
