Monday, September 6, 2021

Didi's rival company Cao Cao raises $600 million to expand

Geely's Cao Cao Mobility said on Monday that it had raised 3.8 billion yuan ($589 million) to fund expansion, amid competition to grab market share from China's embattled ride-hailing leader Didi Global Inc. https://ift.tt/3h6r0wm
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Chinese autonomous trucking company DeepWay raised ~$173M ahead of its planned Hong Kong IPO, filed in November 2025; DeepWay reported ~$215M in H1 2025 revenue (Dong Cao/Bloomberg)

Dong Cao / Bloomberg : Chinese autonomous trucking company DeepWay raised ~$173M ahead of its planned Hong Kong IPO, filed in November 20...