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This Thai natural household cleaning products firm eyes fivefold sales increase in China
Equator Pure Nature's products are derived from a pineapple fermentation process rather than petrochemicals.
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The share price of Ruhnn, the celebrity incubator also involved in the scandal, dived 6.3%.
Pinduoduo will subscribe to USD 200 million in convertible bonds to be issued by Gome as part of the partnership.
Meituan's move follows a written complaint by the Guangdong Restaurant Association and other 32 trade associations.
65% of one brand's products were sold after just four days.
The deal comes as sales of first-hand automobiles in China dived 42% year-on-year in the first two months of this year.
The system helps to create digital products for multi-party collaborations.
The two companies will further cooperate in 5G network operations.
GSX and its employees are accused by VIPKid of stealing customer information to boost sales.