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BlackRock is the latest Uber investor to back its fierce Chinese rival Didi Chuxing

 China Life, Asia’s largest insurance firm, isn’t the only Uber investor to double dip and put money into its Chinese rival Didi via its blockbuster $7.2 billion round announced this week. New York-based investment firm BlackRock also partook in the fundraising, which values Didi at $28 billion, a source close to the deal told TechCrunch. Read More
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