Chuan Wei Ma motor starts a new round of capital scale of at least 2 billion yuan.


Chuan Wei Ma motor starts a new round of capital scale of at least 2 billion yuan.

Weimar has launched its latest round of financing, with a target of at least 2 billion yuan, Reuters reported, citing people familiar with the situation. Baidu is likely to lead the round with about 1 billion yuan, and the company is also in talks with Tencent and other investors. Weimar told Reuters that the latest round of financing is likely to exceed 3 billion yuan, which will be used for a new phase of research and development, customer experience and services. (Peng Bo)


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