Transportation

While first-tier tech giants are retreating, Xiaomi and Meituan Dianping are testing the waters in the new energy vehicle sector via investments.

More EV companies are eyeing collaboration in the battery charging sector.

The two companies have also established a strategic partnership in ride-hailing service, power and energy solutions, and the production and sales of Byton models overseas.

Daily usage of ride-hailing apps sees decline for five consecutive quarters in China.

The industry still has large potential for growth.

Chinese ride-hailing giant resumed controversial carpooling service this month after two passengers were murdered last year.

Indonesian unicorn Gojek announced it is expanding its transport offering in Singapore through a partnership with local taxi company Trans-Cab.

Huawei is the first Chinese company that earned the certification in its first attempt.