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EV deliveries increased nearly 500% compared to the same quarter in 2020.

Alibaba’s new investment strategy includes three main areas, including domestic consumption, globalization, and cloud and advanced technologies.

Ride-hailing has become easier and cheaper, but massive data given to the platforms could expose users to price discrimination.

Lu was booted from Luckin and evaded criminal charges. Now, he’s about to launch a 500-store noodle chain.

PhonePe plans to become profitable and file for an IPO over the next few years.

The Guangzhou-based firm expects to roll out truly driverless robotaxi services without safety operators in China by 2021.

MaaS firm Swat Mobility operates in countries such as Singapore, the Philippines, and Indonesia, but Japan is becoming a prime market due to its aging population.

New rules would ban overseas transfer of road and landscape information.

Tencent doesn’t have a platform to directly rival Alibaba’s Taobao, but it remains relevant in the e-commerce space thanks to WeChat and investments in other e-commerce platforms.

India’s vaccine roll-out program at the beginning of the year instilled positive sentiment, but the second wave of COVID-19 infections has resulted in subdued consumer demand.