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The streaming service envisions a revenue-sharing model with local content creators and production houses to boost the Indonesian movie industry.

Dada Nexus’ IPO marks the second China-based company aiming to go public in the US after the Luckin Coffee scandal involving fraudulent financials.

COO Liu Jian was also fired along with Jenny Qian Zhiya as investors retreat and the board attempts a management reshuffle.

Former Chinese tech darling struggles to recover from ill-fated expansion push.

SF Holdings unveiled the Fengshi WeChat mini program, targeting corporate clients and individual consumers for food deliveries.

If the fear and indignation brewing because of Luckin leaks over to other areas, leading to an exodus of Chinese companies from the US, it would be a loss for global investors.

That’s almost 14% of its staff around the world.

User can order laundry services for clothes, shoes, and luxury bags on channels including 24Tidy’s own app, its WeChat account and Meituan.