Alibaba, Baidu Invest in Chinese SmartDriving Tech Company's Near $700 Million IPO
Oct 15, 2024
Alibaba and search-engine giant Baidu are investing in a nearly $700.0 million equity offering by a Chinese smart-driving firm, indicating rising demand for assets in the rapidly growing market for autonomous driving.
https://www.wsj.com/articles/alibaba-baidu-invest-in-chinese-smart-driving-tech-companys-near-700-million-ipo-2aca0a20?mod=rss_Technology
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