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 […]
Search results
Posted inHeavy Hitters
A ride in a Baidu self-driving taxi
We took a test drive in Baidu’s robotaxi just as the company ranked highest for disengagements. Where are Baidu’s self-driving cars headed in 2020?
Posted inHeavy Hitters
Meituan is piloting driverless deliveries in Beijing
Meituan currently deploys two automated vehicles to deliver groceries in three neighborhoods within a northeastern suburb of Beijing.
Posted inHeavy Hitters
Baidu is building everything Chongqing needs for self-driving cars
China’s biggest internet search company Baidu has won a bid to build public road infrastructure for self-driving cars in southwestern Chongqing municipality, a deal worth $7.5 million. Why it matters: Baidu is expanding from developing autonomous vehicle technology to offering cloud-based transport infrastructure for car connectivity amid rising 5G adoption in China. China in 2011 […]
Posted inHeavy Hitters, Views
Logistics: the secret ingredient in China’s e-commerce
How Alibaba and JD.com have innovated in logistics to serve China’s 900 million mobile internet users.
Posted inOn the Cusp
INSIGHTS | Luckin—out of luck
The Olympics may have been delayed, but we saw a gold medal dive from Luckin Coffee’s shares. Its fraud is a cautionary tale—but about what?
