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The company competes with LivSpace that has backing from Ikea.

The company denied the cause of the tragedy was related to negative reviews.

Tencent Holdings’ president Martin Lau had warned earlier this year of a sharp downturn due to “bigger challenges” in 2019.

Online education players are still in hot water.

Qubu is currently under investigation for illegal fundraising and financial fraud in China

This is SoftBank Vision Fund II’s maiden investment in India.

Huawei has shipped 230 million smartphone units so far this year, representing 12% growth from last year’s 206 million.

Lightspeed Venture Partners and Sequoia Capital held about 13% and 11% stake, respectively in Oyo.