Chinese state-affiliated investors inject $149m into DiDi's self-driving tech arm

Chinese state-affiliated investors inject $149m into DiDi's self-driving tech arm

FILE PHOTO: The app logo of Chinese ride-hailing giant Didi is seen through a magnifying glass on a computer screen showing binary digits in this illustration picture taken July 7, 2021. REUTERS/Florence Lo/Illustration

DiDi Autonomous Driving, the self-driving technology arm of DiDi Global, said it will bag up to $149 million from state-affiliated investors including GAC Capital, the wholly-owned subsidiary of automaker GAC Group; and Guangzhou Development District Investment Group. 

Edited by: Joymitra Rai