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Hybrid EV maker Li Auto soars nearly 50% on Nasdaq debut after raising USD 1.1 billion in IPO

Li Auto is the second China-based EV maker to go public in the US, following Nio.

2 mins read
  • Wang Xing, founder and chairman of Meituan, seemed to call out Alibaba on social media over the fact Taobao users cannot pay with WeChat.

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    CHINA BRIEF | Meituan removes Alipay for payments as chairman calls out Alibaba

    1 min read

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