Didi in Talks to Sell Smart Auto Assets to NavInfo for 500 Million Yuan

Aug 26, 2024, 07:15 AM

China's Didi Global is reportedly in advanced discussions to divest its smart driving and cockpit assets to a unit of NavInfo, a state-backed digital mapping company. The transaction is said to be valued at approximately 500 million yuan. This move aligns with Didi's strategic efforts to streamline its operations and focus on its core business areas. The potential buyer, NavInfo, is a prominent player in the digital mapping sector, which could benefit from the integration of Didi's smart auto technologies.