unicorn

Luckin Coffee bags another $150m ahead of US IPO

China's fast-growing coffee chain is clearly on the double espressos. Despite widespread concerns about its cash-burning business model, it has just completed its third funding round in 10 months.
April 17, 2019

A new route for ride-hailing companies in China

The ride-hailing market in China is saturated and smaller players are now entering into new markets like electric and logistics vehicles to avoid direct competition with the dominant players.
October 24, 2018