SoftBank pours $500M into Didi in China’s biggest autonomous driving round
May 29, 2020 | Uncategorized
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. Placing the bet — the single largest fundraising round in China’s autonomous driving sector — is its existing investor Softbank, the Japanese […]