Didi Chuxing is among China's largest tech firms, and has backers including Apple and SoftBank. Now it wants even more money to compete with Uber.
SoftBank has backed or bought a host of established tech firms such as Nvidia, the We Company, Slack, Uber, and ARM.
Nine years ago, a company called UberCab made a splash by letting you hail a car with your smartphone. That was only the beginning for Uber.