Tencent (PK) (USOTC:TCEHY)
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1 Year : From Feb 2019 to Feb 2020
By Yifan Wang
Tencent Holdings Ltd. (0700.HK) and Bayerische Motoren Werke AG (BMW.XE) are collaborating on a computing platform to develop self-driving cars in China, the Chinese tech giant announced Friday.
Under the partnership, Tencent will provide a computing platform and development tools. The platform will "support BMW's autonomous-vehicle development and technological innovation in China," said Jochen Goller, head of BMW's China operations, adding that Tencent can help BMW better meet the Chinese market's needs.
The companies did not disclose any financial details of the project.
Write to Yifan Wang at email@example.com
(END) Dow Jones Newswires
July 19, 2019 03:25 ET (07:25 GMT)
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