www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Didi arms itself with funding for war with Uber

By Meng Jing (China Daily) Updated: 2016-06-17 10:26

Didi Chuxing has completed a $7.3 billion round of financing-a huge chunk of money that will give China's largest ride-hailing platform a bigger war chest to fend off Uber Technologies Inc in its home market.

The Beijing-based Didi said in a statement that it raised $4.5 billion in equity funding from new investors including Apple Inc as well as existing investors, including the country's internet giant Alibaba Group Holding Ltd and Tencent Holdings Ltd.

In addition to the equity investment, the Beijing-based company also landed a debt package of as much as $2.5 billion led by China Merchants Bank Co and a long-term debt investment of 2 billion yuan ($304 million) from the country's top insurer China Life Insurance Co. It didn't reveal its valuation after the new round of funding but said it now has $10.5 billion of disposable funds.

The announcement came weeks after its United States rival Uber said it has raised $3.5 billion from Saudi Arabia's sovereign wealth fund, which pushed Uber's fundraising to $6 billion.

Analysts said that both Didi Chuxing and Uber use heavy discounts and cashback coupons to build and retain a gigantic clientele in hopes of pre-empting future competition.

"It remains to be seen how long they can keep up with this business model, but it is obvious that they could use some of their investors' money to keep afloat," said Travis Wu, vice-president and research director at Forrester Research Inc.

Didi, which has already expanded to more than 400 Chinese cities, has been gradually reducing its subsidies for certain cities and certain services.

But, it needs to spend more to improve user experience to keep its Chinese users loyal, especially in face of the competition brought by Uber, said Zhang Xu, analyst with the Beijing-based internet constancy Analysis International.

Emil Michael, chief business officer of Uber, said on Wednesday that China is one of the most important markets for the ride-hailing giant globally, adding it has completed more trips in China than in its home market-the United States.

It claimed its market share in China has surged from about 1 percent to 30 percent.

Compared with Didi's dominant position in China, Uber has expanded to more than 60 Chinese cities and it is on track to hit 100 cities by the end of this year.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日本成人中文字幕 | 精品视频网 | 精品国产不卡一区二区三区 | 热99re久久精品2久久久 | 日本韩国一级 | 免费看真人a一级毛片 | 一区二区中文字幕在线观看 | 欧美亚洲日本国产综合网 | 日韩视频久久 | 高清欧美一级在线观看 | 成人午夜性a一级毛片美女 成人午夜亚洲影视在线观看 | 国产亚洲人成a在线v网站 | 毛片免费永久不卡视频观看 | 亚洲午夜免费 | 久久精品中文字幕免费 | 国产亚洲精品2021自在线 | 久热香蕉精品视频在线播放 | 国产精品三级在线播放 | 日韩欧美中文字幕在线观看 | 男人女人做刺激视频免费 | 男女朋友做爽爽爽免费视频网 | 久久精品久久精品久久 | 国产精品反差婊在线观看 | 日韩精品一区二区三区在线观看 | 久久久久久日本一区99 | 97影院在线午夜 | 国产精选经典三级小泽玛利亚 | 午夜国产亚洲精品一区 | 孕妇孕交视频 | 51国产偷自视频区视频手机播器 | 久久国产视频网站 | 成人18免费软件 | 国产色司机在线视频免费观看 | 特级aaaaaaaaa毛片免费视频 | www.欧美成| 一级特级欧美aaaaa毛片 | 国产精品毛片无码 | 一级片视频在线 | 国产一级一片免费播放刺激 | 国产精品亚洲第一区柳州莫青 | 亚洲欧洲日产国码二区首页 |