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China's biggest taxi-hailing app Didi-Kuaidi is now raising a new round of 2 billion US dollars investment from ventures.
中国最大的叫车软件滴滴快车已获得新一轮20亿美元风投。
A group of investors1 including Alibaba, Tencent and Hill House Capital are now bidding to increase their shareholding2 in the taxi-hailing app.
Currently, Didi-Kuadi has received over 1.5 billion USD of investment.
The funding is likely to put the company at a valuation of more than 13 billion U.S. dollars.
The funding comes as a taxi-hailing app war is escalating3 in China as both Didi-Kuaidi and Uber claim to have gained the upper hand.
Didi-Kuaidi claims it has taken 80 percent of the ride-sharing market while CEO of Uber Travis Kalanick earlier said Uber has taken some one million orders from passengers in China.
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