The latest round of funding for Didi, the world's largest ride-sharing company, comes as it looks to step up competition with Uber around the world.
The latest investment will go towards supporting the company's "AI capacity-building, global expansion, and new business initiatives, including the development of new energy vehicle service networks", according to a brief statement by the company.
Didi's latest valuation includes its acquisition of Uber's China operations, which it bought a year ago following a fierce battle between the rivals that was losing both companies money.
"With a substantial cash reserve, Didi plans to scale up investments in AI talent and technologies", Didi said in a statement.
The ride-hailing firm said that "there is no definitive timeline" on expansion to the region.
The names of the investors have yet to be disclosed, though sources have told Chinese financial news outlet The Economic Observer that investors include the Japanese tech giant SoftBank Corp. and Mubadala Capital, an Abu Dhabi state fund. Didi also holds investments in Taxify, which operates in Europe and Africa, Brazil-based 99, as well as US-based Uber rival Lyft.
Last month, Uber was said to be worth $54 billion.
Officials in the Quintana Roo state say that eight Americans are among those killed in a bus crash Tuesday in eastern Mexico . He said his bus passed by the accident just minutes after it occurred, and he observed skid marks on the dry pavement.
Penobscot County home sales were up 7.83 percent to 468 units and the median sales price rose 2.45 percent to $140,000. Regionally, sales in the Northeast were up 6.7 percent and the regional median price rose 4 percent to $273,600.
But, the group said, they are a result of conversations between CWA President Christopher Shelton and AT&T's Stephenson. President Trump praised AT&T's bonus plans during a Rose Garden event celebrating Congress' passage of the tax plan.
He has complimented Smith, calling her a "dedicated public servant" and the best choice to fill his seat. Al Franken's final day in the Senate will be January 2, a spokesperson for Franken said Wednesday.
Year final shortlist and will contend with South Africa's ChrestinaKgatlana and Cameroon's Gabrielle Aboudi Onguene. Nigeria's Victor Moses is out of the final three-man shortlist for the CAF African Player of the Year award.
Garrett told the committee then to "rest assured that I'm committed to keep the Bank fully open and fully operational, period". White House Legislative Affairs Director Marc Short said in a statement they will "work with the committee on a path forward".
To make the magic happen you will be required to have the Windows 10 Creators Fall (1709) Update installed reports tweakers. To help protect against such attacks, Microsoft has an anti-spoofing option that can be enabled for additional protection.
The social networking company's deal with Universal Music Group continues to prove why Facebook is having an incredible 2017. Additionally, YouTube aims to crack down on user uploads of copyrighted music on the platform under the deal.
John McCain, R-Ariz., was returning to his home state for cancer treatment, leaving Republicans with only 51 votes for the tax bill.
Apple admits it slows down older iPhones
There's no charge if you paid upfront for AppleCare Plus coverage and have a battery Apple thinks warrants replacing. So will the owners of these devices opt for a $79 battery replacement to restore battery life and performance?
US defensive end Micah Parsons headed to Penn State
After receiving more offers and taking visits, Parsons eventually decommitted from the Nittany Lions in April 2017. Penn State now has the nation's fourth best recruiting class according to the 247 Network.
Virginia House Dems to vote on would-be speaker
According to the Post, legislation in the house requires 51 votes to pass, and there is no mechanism to break ties. That probably would mean a rare power-sharing agreement must be worked out between Democrats and Republicans.