Waymo completed a $16 billion financing round.

Autonomous ride-hailing service provider Waymo announced on Monday that it has completed a $16 billion financing round, reaching a valuation of $126 billion. According to an investor in this round, the valuation already includes the funds raised in this financing. Waymo stated that this financing round was led by LongYue Capital, DST Global, and HSG, while Google's parent company Alphabet remains the controlling shareholder of the company. Institutions such as Andreessen Horowitz, Tiger Global Management, and Bessemer Venture Partners also participated in this financing. (Sina Finance)