Didi Reportedly Valued At $34B With New Investment by PitchBook

Didi Chuxing—often referred to as the “Uber of China,” and now literally Uber in China—has reportedly secured $119.9 million in funding from electronics manufacturer Foxconn (TPE: 2317), bringing its valuation to $33.8 billion. This news comes just three months after the company raised a massive $7.3 billion round at a reported $28 billion valuation.

Didi Chuxing Apple