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Tencent Raises $3 Billion by Trimming Stake in Shopee-Owner Sea

Tencent Raises $3 Billion by Trimming Stake in Shopee-Owner Sea
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MioTech Secures Series B+ Financing Round from Guotai Junan International and GIC

Plus raises $200M in new funding to advance global commercialization of its automated trucks

Plus raises $200M in new funding to advance global commercialization of its automated trucks Plus (formerly Plus.ai), a provider of self-driving truck technology, completed a $200-million round of funding led by new investors Guotai Junan International, CPE, and Wanxiang International Investment. Existing investors including Full Truck Alliance (FTA) also participated. Plus plans to use the new funds to accelerate the global commercialization and deployment of its automated trucking system. As the company begins mass production in 2021, Plus will develop a sales and support network to help fleets integrate the Plus automated trucking system into their daily operations. The company will also scale deployments in the US and China, and expand internationally to Europe and other parts of Asia. Growing the talented engineering team will also allow Plus to continue the development of its automated driving technology.

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