The bicycle rental service, which was spun off by Didu Chuxing, is reportedly to close a $600m series B round alongside $400m in debt financing.
China-headquartered ride hailing service Didi Chuxing’s bicycle sharing subsidiary, Qingju, is set to complete a $600m series B round, 36Kr reported on Friday, citing people familiar with the matter. The equity funding is being raised alongside $400m in debt financing, though the prospective participants in the round have not been named. Qingju operates a service…
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