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Tech hype drives Didi Chuxing to $50 bln valuation

Thursday, April 27, 2017 - 02:10

Enthusiasm for tech funds has China's top ride-hailing app pegged for a $50 billion valuation, on the back of a new round of fund-raising. Reuters Breakingviews Robyn Mak explains that it's less clear what they'll spend that money on.

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Tech hype drives Didi Chuxing to $50 bln valuation

Thursday, April 27, 2017 - 02:10