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CHINA BRIEF | Scandal-hit entrepreneur Charles Lu Zhengyao holds position as Luckin’s chairman
The resolution of Lu’s removal was not approved by more than two-thirds of board members.
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Focusing on people-stage investments, the fund eyes underexplored opportunities in emerging regions.
A slew of Indian apps such as Mitron TV, Chingari, Roposo, and others have seen a surge in app downloads.
The company’s tX group of crytographers and engineers use keyless technology to develop flexible deployment models for both crypto-native and conventional financial institutions.
The company’s board intends to sack chairman Charles Lu Zhengyao.
Xpeng Motors launches EV with Xavier brain that controls self-driving.
The new CEO, Chen Lei, is also a founding member of Pinduoduo.
PouchNATION has launched PouchPASS, a temperature-taking device, that is marking its first foray into the health industry.
A ByteDance subsidiary has become the third-largest shareholder of Beijing Dingtian Culture Entertainment, which runs multiple online reading platforms.