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DIDIY News
By TechCrunch
October 12, 2023
Didi's autonomous vehicle arm raises $149M from state investors
When Didi created an autonomous vehicle subsidiary in 2020, the venture was seen as a Chinese counterpart to Uber's AV unit. The tides of change have more_horizontal
By Seeking Alpha
August 30, 2023
XPeng: Investors Overreact To DiDi Deal
XPeng announced that it is acquiring DiDi Global's smart vehicle unit for $744M and that it will develop a new low-price EV brand in FY 2024. The glob more_horizontal
By Yahoo Finance
August 28, 2023
Xpeng to buy Didi's smart car business for $774 million
Chinese EV company Xpeng (XPEV) announced that it will be buying Didi's smart car unit in a deal worth up to $774 million. Yahoo Finance Reporter Pras more_horizontal
By Proactive Investors
August 28, 2023
Xpeng to acquire Didi's electric car development business for $744M
Chinese electric vehicle (EV) manufacturer Xpeng Inc (NYSE:XPEV) has announced a major acquisition, strikingĀ a deal worth up to $744 million to purch more_horizontal
By InvestorPlace
August 28, 2023
XPEV Stock Alert: XPeng Surges on Huge DiDi Deal
XPeng (NASDAQ: XPEV ) stock rose 8% on Aug. 25 and another 5% over the weekend after announcing it will buy smart EV assets fromĀ China's DiDi Global more_horizontal
By Bloomberg Markets and Finance
August 28, 2023
Xpeng to Buy Didi's Smart Auto Unit in $744 Million Deal
Xpeng Inc. agreed to buy Didi Global Inc.'s smart-car development arm in an all-stock deal that will see Didi emerge with a 3.25% stake in Xpeng. Bria more_horizontal
By CNBC
August 28, 2023
Chinese EV startup Xpeng shares soar after announcing $744 million deal with Didi
Chinese electric car company Xpeng has signed yet another joint car production deal. more_horizontal
By Market Watch
August 27, 2023
EV maker XPeng announces strategic partnership with Didi, shares rise in Hong Kong
XPeng's shares rose sharply in Hong Kong after the electric-vehicle maker announced a strategic partnership with ride-hailing giant DiDi Global. more_horizontal