TOKYO -- SoftBank Group is keeping its status as a large shareholder of China's Didi Chuxing as it buys up the bulk of new equity issued by the ride-hailing company.
The Japanese tech giant's contribution will make up 90% of the Chinese company's latest funding round of $5.5 billion. The exact increase in SoftBank's stake remains unknown as Didi does not disclose its shareholder makeup, though it includes big-name companies such as Tencent Holdings, Alibaba Group Holding and Apple.
