BEIJING (CAIXIN GLOBAL) - Like many money-losing tech start-ups, dominant Chinese ride-hailing company Didi Chuxing has relied heavily on private equity financing since its inception in 2012.

       Through 23 rounds of financing, Didi raised more than US$35 billion (S$47.3 billion) from nearly 100 investors, valuing the company as high as US$62 billion in an August 2020 fund-raising round.

       Please subscribe or log in to continue reading the full article.

       Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

       Subscribe Now *Terms and conditions apply

       Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

       Join ST's Telegram channel here and get the latest breaking news delivered to you.

       Topics:

       Facebook WhatsApp Twitter More Whatsapp Linkedin FB Messenger Telegram Reddit WeChat Pinterest Print Purchase Article Copy permalink https://str.sg/3JXL