The ride hailing service's SoftBank Vision Fund-backed driverless vehicle technology vehicle has received $300m as it lines up $1.5bn for its freight services unit.
China-headquartered on-demand ride provider Didi Chuxing secured $300m for its autonomous driving technology subsidiary yesterday, Reuters has reported.
The round was led by venture capital group IDG Capital and also featured investment banking firm Citic Group’s CPE unit as well as Russia-China Investment Fund, securities brokerage Guotai Junan International and financial services firm China Construction Bank’s CCB International unit.
Didi operates a ride hailing service that had 550 million users as of 2019 and was reported in late 2020…
