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Didi’s group-buying unit mulls raising $4b to boost growth plans REUTERS/Kim Kyung-Hoon Premium Chinese ride-hailing giant Didi Chuxing’s community business is considering raising $4 billion to boost its growth amid increasing demand for group-buying delivery services, according to people familiar with the matter. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REG...

Ride-hailing giant Didi Chuxing close to raising US$1.5 billion for on-demand trucking unit Didi Freight first launched its on-demand logistics service in Chengdu and Hangzhou in June and has since expanded to eight cities The service is taking on larger rivals including Full Truck Alliance and Huolala in an already crowded market