Speaking to Chinese media, Uber boss Travis Kalanick confirmed UberChina has bagged at least $1.2bn (£787m) in its latest round of funding, with the investment led by one of China's biggest tech companies, Baidu.
The investment values Didi Kuaidi at $16.5m, with Uber's total funding pushing it past the $8bn mark, although that could still increase - the latest round is still said to be open to investors. The company, founded in 2009, is one of the most highly-valued startups in the world, with a price tag of more than $50bn.
Read more: Uber offices raided in Hong Kong
Baidu, China's version of Google, first invested in Uber late in 2014, helping it gain a foothold in the market through access to its search, maps and mobile know-how. At the time, Kalanick said the region was a key area for growth. The company it operates in several major cities across China, the most populous country in the world.
As in many other cities around the world, Uber has faced the attention of authorities in the region, with offices in Hong Kong, China and Australia raided in recent months. However, that doesn't seem to have dented investors' appetite for a slice of the ride.