[New post] Taxi app GrabTaxi raises $350 million from CIC, investors

sskarthik posted: "SINGAPORE (Reuters) - Taxi-booking app GrabTaxi Holdings Pte Ltd said it raised over $350 million from investors including China's sovereign wealth fund China Investment Corporation, in the Southeast Asian company's largest ever fundraising round. Other i" Respond to this post by replying above this line New post on SKarthik.info Taxi app GrabTaxi raises $350 million from CIC, investors by sskarthik SINGAPORE (Reuters) - Taxi-booking app GrabTaxi Holdings Pte Ltd said it raised over $350 million from investors including China's sovereign wealth fund China Investment Corporation, in the Southeast Asian company's largest ever fundraising round. Other investors include hedge fund Coatue Management LLC and China's mobile car-ride hailing company Didi Kuaidi, said GrabTaxi, which competes with Uber Technologies Inc. ... Read more... sskarthik | August 19, 2015 at 1:07 pm | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3fUz Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/08/19/taxi-app-grabtaxi-raises-350-million-from-cic-investors/ Thanks for flying with WordPress.com