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Founded in 2015 in Shanghai, WM Motor launched its first model EX5 at the end of 2018, and the second model EX6 Plus in the fourth quarter of last year.

JD Health has grown into China’s largest online pharmacy by revenue and was valued at USD 7 billion as of September 2019.

The Jordanian startups Endeavor Catalyst has invested in so far include Kharabeesh, Altibbi, Mawdoo3, and Jamalon.

Pinduoduo predicts annual gross merchandise volume on its platform from agriculture to exceed RMB 1 trillion (USD 146 billion) in annual GMV in five years.

According to Moovaz CEO Junxian Lee, conversation with GetVan had been ongoing for eight months before the deal was sealed.

The US Commerce Department said that it would delay by one week restrictions on distribution and maintenance of the WeChat and TikTok apps.

If the plan materializes, India would become the second country, outside of the US where Tesla will have an R&D center.

Its valuation also increased to USD 250 billion.