Market Chatter: Didi's Autonomous Driving Unit Raises $289 Million From Latest Fundraising

MT Newswires Live

2024-10-24

Didi Autonomous Driving, the autonomous driving unit of Chinese ride-hailing company Didi Global, secured $289 million in its latest series C funding round, Yicai Global reported Wednesday.

Didi and Guangzhou Automobile Group (HKG:2238, SHA:601238), or GAC, led the fundraiser. Both companies established a joint venture that manufactured the Level-4 or L4 autonomous robotaxi model that is set to be launched in 2025.

Proceeds from the fundraising will be used for the research and development of self-driving technologies and for the acceleration of the L4 model's release.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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