Ride-hailing

Toyota’s $600m investment in Didi typifies industry tie-ups

Partnerships are growing between automakers and ride-hailing groups looking to solve the car industry's woes. Strategic investment could tide Didi over during a capital raising rut in private markets.

Alison Tudor-Ackroyd

July 25, 2019

Japan’s Toyota Motor has agreed to invest $600 million in China’s Didi Chuxing as part of a deal to supply cars and share research.

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