Tiger Global Participates in a US$600 Million Series D Round for Kuaidi Dache (Asia)

Source: Travice

Japan-based telecommunications company SoftBank Group has led a US$600 million Series D financing round for China-based Travice, the operator and developer of mobile taxi booking app Kuaidi Dache, with participation from existing shareholders investment firm Tiger Global and e-commerce company Alibaba Group. The company intends to use the capital to expand and improve its services in China.