China

China’s No.1 chatting app is anxiously putting out new features to fend off advances from local competitors.

The lack of details in the recent executive orders has caused a swell of uncertainty among business communities in both China and the US that are vulnerable to continued decoupling.

The startup intends to launch its robotaxi service in Shenzhen, Wuhan, and Wuhu in the near future.

Leadrive Technology is producing automotive inverters since May and supplies its products to clients in China and Germany.

They are expected to look and feel just like ordinary glasses in the future.

The company generated RMB 26 million (USD 3.7 million) in revenue in Q2, down by 1% year-on-year.

Ke Holdings raised USD 2.1 billion in its IPO, at a price of USD 20.

The B2B company has 50,000 employees, 13 chartered cargo planes, and 17,000 trucks handling more than 300,000 orders daily in 500 cities in China.