China's Didi Chuxing raises $7 billion in new funding - WSJ

(Reuters) - Chinese car-hailing app Didi Chuxing Technology Co has raised $7 billion (4.9 billion pounds) in its latest fund raising effort, the Wall Street Journal reported, citing people familiar with the matter. Didi closed a $4.5 billion fundraising round that attracted $1 billion from Apple and $600 million from China Life Insurance Co Ltd, according to the WSJ report on Wednesday. The funding round valued the company at more than $25 billion, WSJ reported. (http://on.wsj.com/28Ed9Sz) In ad