The Rising Son
Chinese ride-hailing firm Didi Chuxing is getting a further billions for its war chest. SoftBank has probably led the deal. SoftBank, founded by Masayoshi Son, has been at the forefront of many publicised startup deals. SoftBank is also expected to lead $1.5 billion funding for Grab, Singapore's ride-hailing service.
Didi Chuxing is getting ready for battle with Uber. And Masayoshi Son will be there just as he is with India's e-commerce battle between Flipkart and Amazon.
SJP @DigitalAsian - ShareYaar - IdeaIndia.Com