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The company’s China business has been cut by 80% compared with 2019.

Working from home is becoming a rising trend in China, fueled by the coronavirus outbreak.

Beijing’s chip and display ambitions collide with efforts to contain coronavirus.

Xpeng says Gu’s resignation will not impact the company’s self-driving business.

In China, which has been severely impacted by the coronavirus outbreak, Oyo plans to let go of 50% of its 6,000 direct full-time employees.

The company had expanded its operations into Australia, Malaysia, and Thailand in 2019.

AnyMind has secured a total of USD 62.3 million of capital to date.

Both deals were made late last year, before the coronavirus outbreak took a toll on China’s economy.

High penetration of digital payments in China makes consumers an attractive target for criminals looking to deploy financial malware.

The company has already landed in other countries in Asia.