Waymo opens subsidiary in China

Waymo, the former Google self-driving project that spun out to become a business under Alphabet, has opened a subsidiary in China.
The unit, called Huimo Business Consulting Co., opened in Shanghai on May 22, according to a filing with China’s National Enterprise Credit Information Publicity System. China Money Network was the first to report on the new entity. The unit, which was set up with 3.5 million yuan ($511,000), lists Waymo as an investor.
A Waymo spokesperson confirmed Thurs