Song Jingli

The Chinese giant is trying to take over on Douyin and Kuaishou.

The global commercial UAV market is expected to grow to USD 103.7 billion in 2023.

The e-commerce penetration rate in the auto maintenance market was only 5% in 2018.

Is its business as perfect as it describes?

Peak transmission rates of 5G networks in 24 provincial regions are the fastest worldwide.

Profit increase related to foreign currency futures.

Behind the company’s fast expansion there are also billions of net loss.

The move follows developments that were shaped by Tencent, Alipay, Baidu, and ByteDance.