Al Mubarak said his firm also invested in SoftBank’s $93 billion Vision Fund — the largest tech fund ever put together — which is also pushing cash into Chinese companies.
One of the firms that Mubadala is backing via the SoftBank fund is Chinese ride-hailing giant Didi Chuxing.
“I think it’s a great company,” he said, adding that he thought Jean Liu, the president of Didi Chuxing, has done a “phenomenal job.”
“And that space is a space that we think has a lot of growth in the future,” Al Mubarak said.
Abu Dhabi-based Mubadala has around $125 billion of assets under management.
