Didi's ride hailing rival Cao Cao Mobility, which is owned by automaker Geely, raises ~$588M from Chinese state-owned funds; Cao Cao had 10M+ MAUs in July (Eleanor Olcott/Financial Times)
Eleanor Olcott / Financial Times:
Didi's ride hailing rival Cao Cao Mobility, which is owned by automaker Geely, raises ~$588M from Chinese state-owned funds; Cao Cao had 10M+ MAUs in July — Cao Cao Mobility raises Rmb3.8bn as it tries to take advantage of crackdown on larger competitor — Chinese state-owned funds …
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Didi's ride hailing rival Cao Cao Mobility, which is owned by automaker Geely, raises ~$588M from Chinese state-owned funds; Cao Cao had 10M+ MAUs in July (Eleanor Olcott/Financial Times)
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September 06, 2021
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