Y Combinator’s Garry Tan Goes to the MatRead more

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asia autonomous vehicles

Didi Raises $300 Million for Autonomous Driving Unit

By
Shai Oster
· · Source: Reuters

Chinese ride-hailing giant Didi Chuxing has raised $300 million for its autonomous driving unit, pushing deeper into a sector abandoned by rival Uber. Reuters said that investors in the latest round included IDG Capital, the Russia-China Investment Fund, and Chinese brokerage Guotai Junan International. The SoftBank-backed company just recently announced it had raised $1.4 billion for its...

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