According to a report quoted by Bloomberg on May 27, China FAW Group, a Chinese state-backed automobile manufacturer, is considering acquiring a significant amount of shares in ride-hailing giant Didi. Although FAW has denied such reports, senior management personnel for both sides have reportedly made contact. Additionally, FAW has appare…
China’s FAW Denies Takeover of Didi
Keep reading with a 7-day free trial
Subscribe to China's Next Wave to keep reading this post and get 7 days of free access to the full post archives.


