{"id":849365,"date":"2024-08-29T10:10:30","date_gmt":"2024-08-29T04:40:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=849365"},"modified":"2024-08-29T10:16:10","modified_gmt":"2024-08-29T04:46:10","slug":"chinese-ride-hailing-app-didi-to-become-second-largest-shareholder-of-state-backed-navinfo-unit","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/29\/chinese-ride-hailing-app-didi-to-become-second-largest-shareholder-of-state-backed-navinfo-unit\/","title":{"rendered":"Chinese ride-hailing app DiDi to become second largest shareholder of state-backed NavInfo unit"},"content":{"rendered":"<p>Chinese ride-hailing giant DiDi Global will swap cash plus its smart driving and cockpit unit for 16.5% of AutoAi, a subsidiary of state-backed maps firm NavInfo, the latter said in a stock exchange filing on Wednesday.<\/p>\n<p>DiDi Smart Transportation Technology will make up 87% of AutoAi&#8217;s plan to boost its registered capital by 27.45 million yuan ($3.85 million), with NavInfo contributing the remainder, showed the filing with the Shenzhen Stock Exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese ride-hailing giant DiDi Global will swap cash plus its smart driving and cockpit unit for 16.5% of AutoAi, a subsidiary of state-backed maps firm NavInfo, the latter said in a stock exchange filing on Wednesday. DiDi Smart Transportation Technology will make up 87% of AutoAi&#8217;s plan to boost its registered capital by 27.45 million yuan ($3.85 million), with NavInfo contributing the remainder, showed the filing with the Shenzhen Stock Exchange.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-849365","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=849365"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849365\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=849365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=849365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=849365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}