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CHINA BRIEF | Tencent-backed grocery app Xingsheng Youxuan to close USD 800 million pre-IPO round

Xingsheng Youxuan leverages group-buying to provide groceries at bargain prices to residents who live near to each other.

1 min read
  • The USD 4.5 billion check that Google wrote for a 7.7% stake is the second-largest investment in Jio Platforms after Facebook.

    Insights

    From Jio Glass to 5G network, Reliance’s new announcements hint at its ambition to dominate everything digital

    6 mins read

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