When Didi created an autonomous vehicle subsidiary in 2020, the venture was seen as a Chinese counterpart to Uber’s AV unit. The tides of change have since swept across China’s tech landscape, where internet firms went through a wave of regulatory crackdown and foreign investments dwindled amid worsening U.S.-China relations. Didi’s AV unit remained in […]
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Didi’s autonomous vehicle arm raises $149M from state investors
When Didi created an autonomous vehicle subsidiary in 2020, the venture was seen as a Chinese counterpart to Uber’s AV unit. The tides of change have since swept across China’s tech landscape, where internet firms went through a wave of regulatory crackdown and foreign investments dwindled amid worsening U.S.-China relations. Didi’s AV unit remained in […]
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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