Chinese Self-Driving Firm Pony.ai Secures $400M From Toyota
Chinese self-driving vehicle startup Pony.ai has raised US$400 million in a new funding round from Toyota Motor Corporation. The financing values Pony.ai at over US$3 billion and is one of the biggest investments secured by Chinese artificial intelligence companies during the past year as big-ticket funding deals dried up. This is an extension of the […]
Chinese Self-Driving Firm Pony.ai Secures $400M From Toyota comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.
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British supermarket group Tesco announced that they would sell its 20% share to cooperation partner China Resources for GBP275 million, which is about CNY2.5 billion. As the result of the transaction, this European supermarket giant...
Chinese Internet company Sina recently announced its performance results for the fourth quarter and the entire year of 2019. According to the report, Sina's net operating revenue in the fourth quarter of 2019 was USD593.3 million, a year-on-year increase of 4%; meanwhile, the company made net losses of USD175.4 million, representing net losses of USD2.53 […]
