In the news: Kuaidi Dache raises US$600 million, J&J and Tesla's China businesses get a closer look and more SOE reform moves are made

SoftBank and Alibaba financed taxi-hailing app Kuaidi Dache, Johnson & Johnson and Tesla's China businesses were analysed, SOE audits and inspections were enhanced and a startup investment fund was set up

5 minute readJanuary 19, 2015 at 10:00 AM

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Kuaidi Dache gets US$600 million financing from SoftBank

Japanese telecom company SoftBank led a US$600 million financing round for Kuaidi Dache, one of China's biggest providers of mobile taxi-hailing apps. Alibaba and Tiger Global Management participated in the

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