Didi has streamlined its focus on revenue growth and efficiency, while scaling back its bets on non-core projects such as AI Labs.
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Exclusive: Didi and AutoX are launching robotaxi pilot programs in Shanghai in May
Didi and AutoX are trying to elbow further into the crowded AV race led by Pony.ai and Baidu. Shanghai is finally starting testing.
Posted inHeavy Hitters
Didi is close to $300 million deal with Softbank
Chinese mobility service provider Didi Chuxing has reportedly been in talks with Softbank for $300 million in fresh funding for its autonomous driving unit. Why it matters: The investment is a vote of confidence in a Chinese AV startup during a low point in investment activity compounded by the Covid-19 outbreak. China’s deal-making activity for […]
Posted inHeavy Hitters
Nvidia, Didi Chuxing partner on autonomous cars for ride-hailing
Didi will enhance its autonomous driving technologies by using Nvidia’s platform to train deep neural networks.
Posted inHeavy Hitters
Didi mirrors Uber IPO path with self-driving unit spin-off
Didi is the latest company seeking external investors to help share the increasing cost of developing autonomous vehicles.
Posted inHeavy Hitters
Didi opens transit datasets to public for urban planning use
Machine-learning applications powered by large datasets play a critical role in planning safer, smarter transport networks.
Posted inHeavy Hitters
Meituan starts recruitment drive for mapping services
Mapping has become a key stepping stone for companies looking to expand in the mobility services sector.
