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News, Analysis & Perspective on Autonomous Vehicles

China’s Meituan amasses $10 billion war chest for drones and driverless cars

China’s Meituan is raising nearly $10 billion from investors, hoping it will be able to gain an edge on its e-commerce rivals by spending heavily on technology allowing it to deliver goods using drones and self-driving cars.

https://www.wsj.com/articles/chinas-meituan-seeks-10-billion-war-chest-for-drones-and-driverless-cars-11618841079

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