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Toyota invests $600M in China's Didi

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Toyota Motor Corp. announced a new investment of $600 million in Chinese ride-hailing company Didi.

As part of the deal, the two companies will create a joint venture with GAC Toyota Motor to provide vehicle-related services to Didi's drivers.

Toyota also has backed ride-hailing companies Uber and JapanTaxi.

Read more from TechCrunch.

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