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Amid Didi Woes, Its Rival T3 Raises CNY 7.7 Bn

On October 26, 2021, T3 received CNY 7.7 billion (USD 1.21 billion) in a Series A led by China International Trust Investment Corporation (CITIC), Tencent and Alibaba. It's the largest VC funding round in the Chinese ride-hailing market since 2018.
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