Baidu speeds up auto-driving race with Shouqi bid

China's largest online search engine operator invests in car-hailing app Shouqi as it steps up the country's efforts to develop driverless cars.
November 22, 2017

Beijing-based car-hailing platform Shouqi Limousine & Chauffeur raised Rmb1.3 billion ($196 million) from a series-B round of funding, securing new capital to develop self-driving technology in partnership with some of China’s leading technology companies.

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