Japanese technology conglomerate SoftBank Group Corp led the funding round, which marks the single largest investment in China’s autonomous driving sector. ( read original story ...)
SoftBank led $500M investment in Didi in China’s 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 ... ( read original story ...)
Popeyes ditches its goofy branding for a buttoned-up new look
Now, it’s taken the turf wars to a new level. Popeyes opened its first flagship store in Shanghai on May 15, with a whole new look. Truth be told, Popeyes had been working on a brand revamp since late ... ( read original story ...)
SoftBank leads $500 million fundraising for Didi’s self-driving unit
China's Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group's Vision Fund 2. ( read original story ...)
China’s Didi Chuxing raises over $500 mln for self-driving unit
China's Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group's Vision Fund 2. BEIJING/SHANGHAI, ... ( read original story ...)
METALS-Shanghai aluminium scales near 3-month high on China demand
Shanghai aluminium prices rose to a near three-month high on Friday, underpinned by a solid recovery in demand in top consumer China and falling stockpiles. ( read original story ...)
VW spending $2.2B to expand in China’s electric car market
BEIJING (AP) — Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country’s ... ( read original story ...)