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Cabify raises $120M for Spanish-centric ridesharing

The international forces continue to rise up against Uber. Cabify, a ridesharing company operating in 17 cities across Spain, Chile, Peru, Mexico, and Colombia, has raised a $120 million Series C round of funding led by a $90 million investment from Rakuten, according to the Wall Street Journal. The new round values Cabify at $320 million and pushes its total funding over $140 million. We've confirmed the new funding directly with Cabify...

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