Abu Dhabi state fund Mubadala Capital also invested in the funding round, the Wall Street Journal reported, citing sources. Mubadala did not immediately respond to a CNBC request for comment.
In late November, Mubadala CEO Khaldoon Al Mubarak told CNBC his firm invested in SoftBank’s $93 billion Vision Fund — the largest tech fund ever put together — which is also pouring cash into Chinese companies.
Didi’s global push will be a threat to Uber.
The two companies have been in a slow-moving war for years. In 2016, Didi muscled Uber out of its home base of China. Uber had rolled out its ride-hailing services in 60 different cities there, with 150 million trips driven per month through its platform. But Uber was also racking up losses of more than $1 billion in China annually.
Didi has also invested in Uber’s rivals globally, including U.S.-based Lyft, Brazil-based 99 and Singapore-headquartered Grab.
Didi’s investors include Apple and Alibaba.
CNBC’s David Reid, Hadley Gamble and Lora Kolodny contributed to this story.







