Volocopter has raised $55.13 million in fresh funding from Geely and others.
Meituan currently uses AutoNavi and Tencent Maps for its bike sharing and ride hailing services.
Policy & Regulations
The fines are the latest in a crackdown on illegal practices in China's fast-growing ride-hailing industry.
IPOs & Markets
SDIC Power was looking to raise between $500 million and $1 billion from the GDRs sale.
Didi's CTO Zhang Bo has been named CEO of the autonomous driving unit.
Tencent is looking for partnerships to offer cloud-based games.
The Japanese carmaker also said that the new joint venture will include Toyota's local partnership with Guangzhou Automobile Group Co Ltd (GAC).
Several people from AI startup Jukedeck have joined ByteDance in the past few months.
Luckin has signed an MoU with Kuwait's Americana Group to launch the business in the Greater Middle East and India regions.
The firm had suspended the service a year back following the murder of a female passenger by her Didi driver.
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