Dahuangfeng

Chinese taxi app Didi expected to close $100M in Series C from Tencent

Shenzhen, China-based taxi app Didi Dache is reportedly raising $100 million in a Series C funding round from investors Citic and Tencent for the integration of a payment platform into the app.

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Chinese taxi app Kuaidadi gains traction with USD100 million investment and new acquisition

China's mobile-based taxi booking service Kuaidadi confirmed it recently received a USD100 million investment from Alibaba, and has acquired a Shanghai-based taxi booking app called Dahuangfeng.

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