Chinese ride-hail firm Didi is on the hunt for fresh funds for its autonomous vehicle technology unit that could value it at $5 billion, according to rel=”nofollow” href=”https://www.bloomberg.com/news/articles/2025-03-04/didi-s-self-driving-unit-said-to-seek-funds-at-5-billion-value”>Bloomberg News.
Investor interest in self-driving cars is high in China on the backs of IPOs from WeRide and Pony AI, which have a market capitalization of $4.7 billion and $5.25 billion, respectively, as of Tuesday morning.
Didi Autonomous Driving, the unit Didi created in 2020, has raised a total $1.55 billion to date, per PitchBook data, including a $298 million round in October 2024. …

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