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Vietnam startup valuations could fall 50%, leading investor says
Mekong Capital weighs launching a new fund to profit from this ‘massive opportunity’.
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This latest moves aims to capture market share from rivals like Meituan and Douyin.
The move comes as the West presses Kuala Lumpur to keep Huawei out of operation.
Li Auto aims to transform its business with new organizational changes introduced by CEO Li Xiang, with full results expected no earlier than 2025.
BYD’s Wang Chuanfu urges peers to pay attention to market changes and prepare for opportunities in the Chinese new energy vehicle market.
The trading house aims to sell 30,000 tonnes of food for farmed fish by 2030 in Japan.
NIO aims to double its sales target in 2023 despite reporting a record high operating loss in Q4 2022.
The group seeks to avoid incompatible standards that would impede development of the technology.
Called Youshi, the app is a community-based platform for sharing life experiences, offering a wide range of content including food guides, travel photos, and practical skills.