Aug 28th, 2023
Xpeng to Buy Didi’s Smart Auto Unit in $744 Million Deal
Xpeng Inc. agreed to buy Didi Global Inc.’s smart-car development arm in an all-stock deal that will see Didi emerge with a 3.25% stake in Xpeng. Brian Gu, co-president and honorary vice chairman at Xpeng, discusses the deal with Anna Edwards on "Bloomberg Markets Today."
