Song Jingli

However, Yonghui Superstores’ stock dived more than 6% following the announcement.

The online bank’s average outstanding loan size is USD 4,300.

Despite being cleared of any legal wrongdoing, Jiang has been stripped of his position as a partner at the firm.

Amid competition from Luckin, Starbucks hopes to digitalize its services in the country.

The firm distributes smartphones and personal computers of companies including Apple and Huawei.

This investment also marks JD.com’s foray into the tourism industry, which is being hard hit by the COVID-19 pandemic.

IoV refers to vehicles communicating in real time with drivers, pedestrians, other vehicles, roadside infrastructure, and fleet management systems.

The Cadillac XT5 model starts at over USD 46,000, but Pinduoduo promises discounts of USD 14,000.