China’s newest ‘unicorn’ gets $700 million to rival Uber and Didi Kuaidi

Ap_601857140153
Feed-twFeed-fb

Ride-hailing in China is heating up, and money is intensifying the competition

Yidao Yongche, one of China's smaller ride-hailing apps just got a huge investment of $700 million to take on larger players like Uber and market leader Didi Kuaidi.

Its backer, LeTV, said on...

Subscribe to Applenews247.Com Newsletter

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>