Didi Chuxing, the Chinese ride hailing app, said it had received a $600m investment from China Life, the country’s largest insurer, further buttressing¹ its war chest for its battle with US rival Uber.

中国叫车应用滴滴出行(Didi Chuxing)宣布获得国内最大保险公司中国人寿(China Life) 6亿美元投资。这笔投资为滴滴提供了更多弹药，供其与美国对手优步(Uber)展开竞争。

Didi said the investment included equity² of $300m and long-term debt of Rmb2bn ($305m). Didi’s latest funding round valued it at $25bn, the group said.

滴滴表示，这笔投资包括3亿美元股权投资以及20亿元人民币（合3.05亿美元）长期债券投资。该公司表示，在最新一轮融资中，滴滴的估值达到250亿美元左右。

The funding follows a recent $1bn investment from US tech group Apple in May and adds another name to Didi’s list of high-profile backers. China Life is China’s largest state-owned commercial insurance conglomerate³.

5月份，美国科技集团苹果(Apple)曾向滴滴投资10亿美元。中国人寿的这笔投资令滴滴又增添了一个知名股东。中国人寿是中国最大的国有商业保险集团。

Wang Junhui, China Life’s president, in a statement on Monday called the investment a “vital link in the innovation-driven growth strategy of China Life”.

中国人寿旗下的国寿投资公司总裁王军辉周一在声明中称，这笔投资“是中国人寿创新推动发展战略的重要一环”。

“We believe our two companies will achieve strong network synergies and complementarities towards creating more vibrant⁴ growth of the emerging ‘Internet Plus’ financial sector,” he said, referring to the Chinese government’s policy of combining ecommerce with the bricks-and-mortar economy in an effort to spur growth in traditional sectors⁵.

他表示：“双方合作将有助于优势互补，激发双方网络的协同效应，为‘互联网+金融’开辟新的产业发展空间。”他这里指的是中国政府将电商与实体经济相结合的政策，这项政策旨在刺激传统行业增长。

“We believe this strategic partnership⁶ will bring long-term value to both parties,” said Jean Liu, Didi Chuxing president.

滴滴出行总裁柳青(Jean Liu)表示：“滴滴与中国人寿的战略合作将为双方带来长远的价值。”

Didi claims to hold 87 per cent of the private car service market and a 99 per cent share of the taxi-hailing service market in China, while Uber puts its market share at 30-35 per cent, according to the companies.

滴滴自称占据中国专车市场87%的份额，占据叫出租车服务市场99%的份额。优步表示自己的市场份额在30%到35%之间。

The battle for dominance between the two apps has cost billions of dollars in subsidies⁷ for drivers and rider discounts — a price war that has placed an emphasis on fundraising.

这两个叫车应用为争夺市场主导权已投入数十亿美元，用于补贴司机和向乘客提供折扣。这场价格战令融资成为一项重要任务。