The buzzing rumors about 188bet online live casino’s new round of financing are finally settled。April 28，Caixin reporter confirmed from multiple sources，188bet online live casino Chuxing completed a new round of financing，Financing size 5.5 billion US dollars，From Bank of Communications、China Merchants Bank、SoftBank、Silver Lake。Among them, only Silver Lake Capital is a new entrant，The other three companies have invested in 188bet online live casino。China Merchants Bank had previously invested 200 million in 188bet online live casino，His credit card is connected to the overseas version of 188bet online live casino Chuxing。

188bet online live casino’s valuation after this round of financing exceeds US billion。Uber, the world’s most valuable startup company currently known to the industry、Both Ant Financial companies exceed 60 billion，After this round of financing, 188bet online live casino will join the echelon of start-up companies with a valuation of more than 50 billion。As understood，Financing will be used for electric vehicle business、Internationalization and technology research and development。

In addition，An insider disclosed，Investors in this round will transfer voting rights to 188bet online live casino Chuxing，188bet online live casino management will continue to maintain control of the company。Shows a financing material previously obtained by Caixin reporters，Before 188bet online live casino’s latest round of financing，Management shares have been diluted to 8.40%，Employee shareholding 10%，Tencent and Alibaba each hold 11 shares.4% and 9.5%，None of the remaining shareholders holds more than 5% of the shares。Calculate based on this，After this round of financing，188bet online live casino management shares will be further diluted to 7.48%。

After the New Deal for Online Car Hailing，188bet online live casino’s private car business is under obvious pressure，The market was once worried about 188bet online live casino’s new round of financing。188bet online live casino will completely stop dispatching online ride-hailing orders for out-of-town cars in the Beijing area (including outside the Sixth Ring Road) from April 1 in accordance with Beijing’s online ride-hailing rules.。At the request of "Jingren Jingche"，A large number of non-compliant vehicles were removed，The transportation capacity of various online ride-hailing platforms is decreasing。

New regulations require online car-hailing platforms to obtain two licenses: "Online Capability Certification" and offline "Online Reservation Taxi Business License"，As well as the driver’s “Online Reservation Taxi Driver’s License” and the vehicle’s “Online Reservation Taxi Transport Certificate”，These four license plates must be complete to be considered legal and compliant。188bet online live casino is already in Tianjin、Chengdu、Shenyang and other places have obtained online car-hailing online service capability certification results，Can be used nationwide。

So，Compliant drivers and vehicles have become the biggest bottleneck in the scale of each platform。Private car companies are looking for new growth directions，188bet online live casino began to tell the market about "car rental、Finance、Overseas Business” and other stories。

March 9，188bet online live casino Chuxing announced，Established a research institute in Silicon Valley, USA，Focus on the development of big data safety and intelligent driving。Founder of 188bet online live casino Chuxing、Chairman and CEO Cheng Wei once said，A major mission of 188bet online live casino in the next 5 to 10 years is to become an operator of new energy vehicles。March 2016，188bet online live casino's Hong Kong subsidiary "Kuaifu Holdings Co., Ltd." established "Zhongfu Financial Leasing (Shanghai) Co., Ltd." in the Shanghai Free Trade Zone，Registered capital 1 billion yuan，Try to get involved in the field of auto finance。188bet online live casino also invested heavily in 99Taxis, a local mobile travel service provider in Brazil。

188bet online live casino’s last round of financing was on June 16, 2016，188bet online live casino Chuxing officially announced the completion of US.5 billion in equity financing，Luxury list of investors，includes Apple、China Life、Alibaba and Ant Financial、Tencent、China Merchants Bank、SoftBank, etc.。August，188bet online live casino Chuxing completed the acquisition of Uber’s China business。Sources close to the transaction revealed that the combined company’s valuation is close to US billion。There have been multiple different financing documents for 188bet online live casino Chuxing，188bet online live casino plans to go public in the United States in 2018，The valuation will reach 87 billion US dollars。

*Source of this article: Caixin，Author：Zhou Qijun, Qu Yunxu，Original title: "Exclusive》

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