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Hello Robotaxi Biz Receives Strategic Investment from BABA-W
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Chinese travel platform Hello announced that its Robotaxi business received a strategic investment from BABA-W (09988.HK)(BABA.US). The two parties will further deepen comprehensive cooperation in areas such as intelligent driving large models, computing power platforms and Robotaxi, jointly accelerating the commercialization and large-scale progress of the Robotaxi industry. In June 2025, Hello, Ant Group and CATL (03750.HK) announced an investment of RMB3 billion to jointly establish Shanghai Zao Fu Intelligent Technology Co., Ltd. (literal translation of "上海造富智能科技有限公司") to expand the Robotaxi business. AASTOCKS Financial News Website: www.aastocks.com |
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