News

Both companies are seeking ways to cut costs.

Manufacturing EV batteries locally is a key piece to India’s all-electric future as it’ll make EVs more affordable.

Whilst Apple’s high pricing has made it fall behind Xiaomi, Samsung, Vivo and Oppo in India.

Peanut Diary has admitted “non-compliance” in its early stage of development.

It also recently bagged Qimao Novels, a free literature app and the Q&A platform Zhihu, which is similar to Quora.

Sequoia Capital China and Reinsurance Group of America are its investors too.

A steady rise from USD 3 million in the same month a year ago. However, the app’s install base isn’t growing as fast as before.

Part of the social commerce site’s client-to-manufacturing plan.