CRM - VC Deals: Toyota Mulls $550M Ride-Hail Bet
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- Pending: Toyota (TM) is considering a $550M investment in ride-hail company Didi Chuxing (DIDI), according to Nikkei Asian Review sources. The automaker might also set up a new mobility cooperation with DIDI with both moves aiming to gain a foothold in the China market. The companies previously collaborated on ride-hailing, development of the self-driving e-Palette commercial vehicle, and connected car testing.
- Fiserv (FISV) participated in a $82.5M