Taoyun Capital, which acquired a majority stake in online car-hailing platform Yidao Yongche, once seen as a Didi rival, is now seeking a new buyer for the firm. It probably won’t fetch more tha
If the shutdown continues, some IPO scheduled for the spring could be delayed till the autumn, said a lawyer, adding that for small companies without backing form credit markets or venture capital, th
Chinese smartphone vendor Xiaomi just set up an African unit to ramp up its sales in a continent populated by 1.2 billion residents. At the same time, the company has also merged its operations in Sou