Stephen Zhu news and trends

Quick Reads
Travel Firm Booking Invests $500M In Didi Chuxing

July 18, 2018
Chinese ride-hailing company Didi Chuxing has received $500 million in funding from Booking Holdings. But the deal isn’t about the money — especially since Didi has said that it has multiple billions of U.S. dollars on its balance sheet after it raised $4 billion in new capital late last year. The main focus of that funding […]