{"id":52719,"date":"2016-05-20T09:49:49","date_gmt":"2016-05-20T13:49:49","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=52719"},"modified":"2016-05-20T09:49:49","modified_gmt":"2016-05-20T13:49:49","slug":"coatue-hedge-fund-bets-on-didi-chinas-apple-backed-uber-rival","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2016\/coatue-hedge-fund-bets-on-didi-chinas-apple-backed-uber-rival.html","title":{"rendered":"Coatue Hedge Fund Bets on Didi, China\u2019s Apple-Backed Uber Rival"},"content":{"rendered":"<p>(Bloomberg) Philippe Laffont\u2019s Coatue Management LLC, which manages more than $7 billion, has backed China\u2019s biggest ride-hailing app Didi Chuxing as it competes with Uber Technologies Inc.<\/p>\n<p>Coatue participated in the Chinese firm\u2019s $3 billion funding round last month through a co-investment vehicle, Laffont wrote in a letter to investors obtained by Bloomberg News. The size of the investment wasn\u2019t disclosed. Apple Inc. also announced a $1 billion investment in Didi, which operates in 400 Chinese cities, Laffont wrote.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-05-19\/coatue-hedge-fund-bets-on-didi-china-s-apple-backed-uber-rival\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Philippe Laffont\u2019s Coatue Management LLC, which manages more than $7 billion, has backed China\u2019s biggest ride-hailing app Didi Chuxing as it competes with Uber Technologies Inc. Coatue participated in the Chinese firm\u2019s $3 billion funding round last month through [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52719","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=52719"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52719\/revisions"}],"predecessor-version":[{"id":52720,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52719\/revisions\/52720"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=52719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=52719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=52719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}