SoftBank $600 million investment in KuaiDi Dache

15/1/2015

Financial investment

Value:

$ 600 million

Status:

Completed

Date:

15/1/2015

Overview:

SoftBank Corporation has completed a $600 million Series D financial investment in KuaiDi Dache, a leading mobile taxi-hailing application in China.
SoftBank and its subsidiaries and associates offer a comprehensive range of mobile communications, fixed-line communications and internet services around the world.
Alibaba Group and Tiger Global also participated in the financing.

Hanna Rae Choi - Researcher

Jurisdiction:

China

Deal type:

Financial investment

Practice area:

Private equity

Industry sectors:

Technology and telecommunications
Transport

Firms:

Morrison & Foerster

Party: SoftBank (Investor)

Paul Hastings

Party: SoftBank (Investor)

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