Bloomberg: Chuan Xiaopeng Automobile plans to raise $600-700 million | Valuation of $4 billion

Sina Technology News Beijing time on July 17 morning news, Bloomberg News, foreign media The Information cited an anonymous insider report to understand the situation, Xiaopeng Automobile is negotiating from Alibaba and other investors to raise 600 million to 700 million US dollars, the company The valuation is close to $4 billion.

A spokesperson for Xiaopeng Automobile declined to comment on the fundraising plan.

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