China's taxi app Didi Chuxing raises $7.3 bn
China's largest taxi-hailing app Didi Chuxing on Thursday closed a $7.3 billion funding round, reportedly valuing the startup at around $28 billion. Investors including Apple, China's insurance company China Life, Alibaba's Ant Financial and SoftBank participated in the round. Didi said it now has about $10.5 billion in disposable funds following the new fundraising.