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Chongqing’s Afari Gains Mercedes-Benz as Key Shareholder in $188M Deal
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Chongqing’s Afari Gains Mercedes-Benz as Key Shareholder in $188M Deal
Chongqing - On September 28, Yin Qi, Chairman of Afari Technology, told Bridging News that the company is focused on AI technology while pursuing a global growth strategy, which is now advancing through its recent partnership with Mercedes-Benz. On September 25, Afari announced that Mercedes-Benz Digital Technology (Shanghai) Co., Ltd. had acquired a 3% stake in the company for about 1.339 billion yuan (about 188 U.S. million dollars), making it…
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