China’s Didi Chuxing raises $4B more for AI, international expansion and electric vehicles

China’s Didi Chuxing, the country’s top ride-hailing company, said today that it has raised $4 billion in new capital to support a range of new initiatives including international expansion. The company has already raised $13 billion from investors that include Alibaba, Tencent and Apple, and it said that this newest round of funding will go towards developing its artificial… Read More