News
CHINA BRIEF | Five months after being acquired by Suning.com, Carrefour China turns profitable
Carrefour had been making losses for about seven years before the change in ownership.
1 min read
The Beijing-headquartered firm says is optimistic about the economic development of China.
Companies must put in place measures to prevent group infections.
These new measures come after Danke's nearly month-long dispute with landlords amid the coronavirus outbreak triggered a government inquiry into its rent financing model.
It is like VRChat.
By January 2019, the company got 30 5G contracts.
The firm will use the funding to develop and mass produce new WiFi 6 products.
The company booked slightly more than RMB 100 million in profits.
The industry's business model, which relies heavily on rental loans for tenants, poses a structural risk.