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XiaomiAcquisition

Xiaomi acquires autonomous driving company Deepmotion for $77 million

What happened

Xiaomi has acquired Chinese autonomous driving startup Deepmotion for approximately $77.37 million to enhance the technological competitiveness of its electric car business.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Xiaomi is getting serious about its electric car business. CNBC reported Thursday that Xiaomi has acquired Chinese autonomous driving startup Deepmotion for about $77.37 million. The company said the acquisition will help "enhance the technological competitiveness" of its electric car business. With the move, Xiaomi is poised to become a competitor to other autonomous driving and electric car companies, including Tesla and Waymo in the U.S. and Baidu in China. The news follows Xiaomi's announcement in March that it will invest $10 billion over the next 10 years into its upcoming electric vehicle business. "Xiaomi hopes to offer quality smart electric vehicles to let everyone in the world enjoy smart living anytime, anywhere," the company said in a statement at the time. Xiaomi made the acquisition announcement after reporting financial results for the second quarter of 2021. The company hit record revenue of 87.8 billion yuan ($13.5) million. In July, Xiaomi has overtaken Apple to become the number two smartphone vendor globally, and in the second quarter it also became the biggest smartphone vendor in Europe. But while the company's revenue largely comes from smartphones, Xiaomi has been quite aggressive in pushing into other products, including TVs, smart watches, and electric scooters. Topics Xiaomi Stan is a Senior Editor at Mashable, where he has worked since 2007...

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Extracted by Autobound

From the Signal API record
Event
Acquisition

What this signalsIntegration work after a deal often opens needs for new systems and services.

Amount
$77.4M
Location
China

Companies

  • DeepmotionTargetdeepmotion.com

More acquisition signals at other companies

The full record

From the Signal API record

Numbers

Amount (USD)
$77.4M

Extraction

Confidence
95%
Detected
Aug 18, 2026
signal_type
news
signal_subtype
acquires

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/c8ab6d8a-2c57-9e58-720c-21a31873f37a returns this record as JSON. POST /v1/companies/enrich returns every signal for mi.com.

{
  "signal_id": "c8ab6d8a-2c57-9e58-720c-21a31873f37a",
  "signal_type": "news",
  "signal_subtype": "acquires",
  "detected_at": "2026-08-18T22:00:00+00:00",
  "company": {
    "name": "Xiaomi",
    "domain": "mi.com"
  },
  "data": {
    "url": "https://mashable.com/article/xiaomi-acquires-deepmotion",
    "title": "Xiaomi acquires autonomous driving company Deepmotion for $77 million - Mashable",
    "excerpt": "Xiaomi is getting serious about its electric car business. CNBC reported Thursday that Xiaomi has acquired Chinese autonomous driving startup Deepmotion for about $77.37 million. The company said the acquisition will help \"enhance the technological competitiveness\" of its electric car business. With the move, Xiaomi is poised to become a competitor to other autonomous driving and electric car companies, including Tesla and Waymo in the U.S. and Baidu in China. The news follows Xiaomi's announcement in March that it will invest $10 billion over the next 10 years into its upcoming electric vehicle business. \"Xiaomi hopes to offer quality smart electric vehicles to let everyone in the world enjoy smart living anytime, anywhere,\" the company said in a statement at the time. Xiaomi made the acquisition announcement after reporting financial results for the second quarter of 2021. The company hit record revenue of 87.8 billion yuan ($13.5) million. In July, Xiaomi has overtaken Apple to become the number two smartphone vendor globally, and in the second quarter it also became the biggest smartphone vendor in Europe . But while the company's revenue largely comes from smartphones, Xiaomi has been quite aggressive in pushing into other products, including TVs, smart watches, and electric scooters. Topics Xiaomi Stan is a Senior Editor at Mashable, where he has worked since 2007. He's...",
    "summary": "Xiaomi has acquired Chinese autonomous driving startup Deepmotion for approximately $77.37 million to enhance the technological competitiveness of its electric car business.",
    "location": "China",
    "planning": false,
    "image_url": "https://helios-i.mashable.com/imagery/articles/012He9jDs1fYgph6QLnfPso/hero-image.fill.size_1200x675.v1629965106.jpg",
    "confidence": 0.95,
    "published_at": "2026-08-18T22:00:00Z",
    "location_data": [
      {
        "region": "Eastern Asia",
        "country": "China",
        "continent": "Asia",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "CNBC reported Thursday that Xiaomi has acquired Chinese autonomous driving startup Deepmotion for about $77.37 million.",
    "amount_normalized": 77370000,
    "related_company_name": "Deepmotion",
    "related_company_domain": "deepmotion.com"
  }
}

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