Song Jingli

Two competitors have already bowed out.

Price cuts aren’t helping.

Didi received capital worth almost USD 8 billion from SoftBank in 2017.

Corporate registration information shows that Tencent and its wholly-owned subsidiary Tencent Mobility Limited have become shareholders of Chongqing Yipienhong Technology Company Limited, which runs c

UP Fintech Holding Limited, known as Tiger Brokers in Asia, a platform that help Chinese retail investors trade stocks listed outside the Chinese mainland, is cutting back its fundraising target from

Mobike dragged the company down.

This allows the tech giant to better monetize its huge search traffic and to catch up with the other two tech giants in China

China aims to put 5 million new energy cars on the road by 2020.