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The company is planning to repurchase 10% of its shares. NewsChina’s car rental platform CAR sees its net profit surge by 70%1 min read
Its shipments more than doubled. NewsChinese smartphone brand Vivo records fastest growth in India2 mins read
Best serves TMall and Taobao, among other e-commerce heavyweights. NewsAfter years of losses, Alibaba-backed logistics provider Best predicts profits by year-end1 min read
It was valued above USD 2.5 billion in the previous fundraising round. NewsAnt Financial-backed Hello Chuxing seeks hefty financing that would take valuation to USD 4 billion2 mins read
The asset-heavy operation was unsustainable. NewsDaimler’s car-sharing platform car2go exits China1 min read
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The Shenzhen Stock Exchange had queries. NewsEV subsidiary cuts and heavy R&D spending led to drop in profits, says BYD1 min read