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

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

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

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

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.

The company is a spinoff of Chicago-based MRO products giant Grainger.

Plans include tech investment, digital bank tie-up, coworking spaces, and coffee.

Dingdong is likely in the process of arranging pre-listing equity allocation, says one industry investor.