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Earlier this month, the firm received a USD 1.2 billion check from its parent, Walmart.

Senior vice president Stephen Zhu Jingshi will take over Qiu’s role at Didi.

It tries to make sense of data scattered across departments to help improve business operations.

This marks a significant increase compared with one year ago.

Of the overall two billion app installs of TikTok and its Chinese version, Douyin, in April, India accounted for 611 million.

Toppr joins the likes of Byju’s, Unacademy, and Vedantu, among others that raised money this year due to sudden jump in new user enrollments.

The launch of WeChat Pay in Istanbul Airport is expected to increase the shopping volume of Chinese travelers in Turkey.

EF will retain significant ownership in the business, which has been operative for more than 20 years and built 288 schools across 62 cities in China and 79 schools in Indonesia.