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A Reuters report on Tuesday claimed that Luckin Coffee’s non-executive chairman and angel investor Lu Zhengyao has requested a personal loan of at least US$200 million from banks. What makes thi

Two competitors have already bowed out.

Is bike-sharing still sustainable as a business in China?

Price cuts aren’t helping.

The cash is being raised to fuel ambitious goals.

Cleaning up the country.

The Vietnamese startup opportunity.

The company has been moving into physical locations too.

Didi received capital worth almost USD 8 billion from SoftBank in 2017.

Vietnamese conglomerate VinGroup launched an R&D centre in Daegu, South Korea. VinTech Korea Research (VKR) is a part of VinGroup’s tech arm and will be used to conducting research related t