Japanese automaker Toyota Motor has agreed to invest a total of $600 million in Chinese ride-hailing giant Didi Chuxing and the two companies’ joint venture with GAC Toyota, Didi said in a statement Thursday. The strategic partnership with Toyota is part of Didi’s effort to make sure it can provide its drivers with enough cars as well as vehicle-related services. Didi said its joint venture...
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Patreon Considers Public Listing as Soon as This Year
Patreon, the online service that allows podcasters, musicians and other artists to receive direct financial support from fans, is considering a public listing as soon as this year, said a person with knowledge of discussions. The San Francisco startup has met with banks and has been approached by special purpose acquisition companies, though the latter path to the public markets isn’t...
Chinese Embassy’s Twitter Account Blocked After Post Defending Uighur Policy
Amazon Offers to Help Biden Distribute Vaccines
Europe Asks Biden for Help Reining In Big Tech
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