Taoyun Capital, which acquired a majority stake in online car-hailing platform Yidao Yongche, once seen as a Didi rival, is now seeking a new buyer for the firm. It probably won’t fetch more tha
If the shutdown continues, some IPO scheduled for the spring could be delayed till the autumn, said a lawyer, adding that for small companies without backing form credit markets or venture capital, th
Chinese smartphone vendor Xiaomi just set up an African unit to ramp up its sales in a continent populated by 1.2 billion residents. At the same time, the company has also merged its operations in Sou
As Huawei is still allowed in many countries due to its technological edge and carrier business only accounts for about one third of its entire business, the year 2019 will turn out to be a “difficult