China’s Didi Chuxing raises $7 billion in new funding: source

The round values ​​the company more than $ 25000000000, the Wall Street Journal reported earlier on Wednesday, referring to people familiar wi...


China's Didi Chuxing raises  billion in new funding: source

The round values ​​the company more than $ 25000000000, the Wall Street Journal reported earlier on Wednesday, referring to people familiar with the matter. (Http://on.wsj.com/28Ed9Sz)

Furthermore, Didi guarantee a $ 2.5 billion debt package from China Merchants Bank Co., the Journal said.

Didi signed a $ 4500000000 $ 1000000000 fundraising rounds that Apple Inc. and included $ 600 million from China Life Insurance Co Ltd <601628.SS>.

Didi and China Merchants Bank was not immediately available for comment.

(Reporting by Anya George Tharakan Bengaluru and Liana B. Baker in San Francisco, Editing by Shounak Dasgupta)

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