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SoftBank-backed Zhangmen files for US IPO as China steps up regulation on private education

Although several Chinese education companies were fined in April, Zhangmen hasn’t received any warnings or penalties so far.

2 mins read
  • The group’s retail business, which targets price-sensitive buyers, is struggling to make money amid fierce competition in the sector.

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    KEY STAT | JD.com maintains momentum with nearly 40% revenue growth in Q1

    1 min read

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