Didi Chuxing said it has entered into a joint venture with an affiliate of state-owned auto holding company BAIC Group, with a focus on projects including new energy vehicles and artificial intelligence. The two parties are seeking to design and produce customised vehicles especially for ride-sharing to enhance the experience of users and drivers. Read […]
Singapore’s Temasek buys secondary stake in Ola for $225 million
The stake was purchased from a group of early investors in the company though Temasek is also in discussions with Ola’s management to pump in more money into the company by way of subscription to new shares. As reported earlier by ET, Ola is in discussions with new investors to raise about $1 billion. The […]
