China's Didi raises US$300mil for autonomous driving unit


BEIJING: Chinese ride-hailing giant Didi Chuxing said on Thursday it has raised $300 million for its autonomous driving unit, tapping investors to expand its technological know-how in the field for a second time since last year.

Investment firm IDG Capital led the funding while CPE, the Russia-China Investment Fund, Guotai Junan International and CCB International were among the investors participating, a representative for Didi said.

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