The landing of the continental network on the platform drops in a new round of funding, 4 billion of dollars in capital injections, the valuation will climb to 56 billion U.S. dollars, against rivals Uber about 68 billion U.S. dollars. The drip is intended to use the new huge amount of money to develop cutting-edge technologies such as automatic driving and transport management systems. The Wall Street Journal reported that while the drop did not reveal a new round of investment, the investor in the new round, including SoftBank (SoftBank) and Abu Dhabi sovereign wealth fund Mubadala Development. People familiar with the matter also said that after a new round of capital injections, drop-by-hand cash levels will rise from $3.5 billion trillion in 2015 to $12 billion trillion, and valuations will come to $56 billion. This also means that a total of 19 billion dollars of money has been raised for the drop in travel. Dow Jones VentureSource's survey points out that the scale of the drop in funding is the highest record for new ventures. People familiar with the story said the company's funds would be used to develop autopilot. In addition, drip travel is also intended to develop the mass transit management system, that is, according to the traffic situation data, buses, subways and taxis for car management. Industry analysts and consultants expect after getting a new round of capital infusion, with 450 million active users of the drop of travel, intends to draw on its collected data, and the new rich silver bombs, determined to develop the development of automatic driving technology to and Alphabet Waymo, Tesla and the mainland Baidu ) a higher. Consultant Alliance Development Group general manager Chris DeAngelis believes the company has more capital to develop self-driving because of the higher penetration rate in the mainland market than in the US. and drop the success of the Uber out of the mainland market, began to expand outward: drip travel shares in Thailand, Indonesia and other Southeast Asian countries operating a network of car platform GrabTaxi. In addition, drip travel in March 2017 also established a research and development laboratory in Silicon Valley to develop technologies such as automatic driving and artificial intelligence. At present, the number of employees in the laboratory has grown to about 100. In addition, drip travel plans to plan to enter the Taiwan market through the Partner Jays technology company (Ledi Marvell). In addition to the development of AI, drip travel is also intended to be the new funds to build the electric car's charging network ' pile networking ' for the platform's 260,000 new energy vehicles to provide charging services, and expected in 2020 to increase the number of vehicles charged to 1 million units.
