Chinese 'Uber' service gets USD 700 million investment

December 09, 2014 20:37

Didi Taxi, China's popular cab-hailing app similar to Uber, has attracted an investment worth more than USD 700 million, it was announced today, marking the biggest investment in China's mobile internet sector.

Investment group DST, Singapore's state-linked investment giant Temasek and China's tech juggernaut Tencent were all involved.

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