Big Deal: Didi Chuxing gets $500m from Booking · Articles · Global Corporate Venturing
Venture Houston 2018
Skip Content

17 July 2018

Big Deal: Didi Chuxing gets $500m from Booking

Booking Holdings has provided more funding for Didi as part of a strategic partnership, as the latter looks to spin off its vehicle services arm in an IPO sized at up to $1.5bn.

Author: Robert Lavine, News Editor

Online travel agency Booking Holdings has invested $500m in China-based on-demand ride service Didi Chuxing as part of a strategic partnership agreement, as the latter company prepares to spin off its automotive services arm.