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May 29, 2020 11:21 am GMT

SoftBank led $500M investment in Didi in Chinas biggest autonomous driving round

The race to automate vehicles on China’s roads is heating up. Didi, the Uber of China, announced this week an outsized investment of over $500 million in its freshly minted autonomous driving subsidiary. Leading the round — the single largest fundraising round in Chinas autonomous driving sector — is its existing investor Softbank, the Japanese […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OwwJiRuKCZo/

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