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China's Uber Competitor Didi Kuaidi Planning to Raise Around $1 Billion

China's Uber Competitor Didi Kuaidi Planning to Raise Around $1 Billion
Didi Kuaidi Joint Co. is planning to raise around $1 billion from investors on terms that would value the Chinese car-hailing company at more than $20 billion, according to people familiar with the situation.
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