What may now feel like a corporate attempt to sell more stuff has its roots in a familiar fight. Read More
Related Articles
COVID vaccines could be the key to solving the global youth mental health emergency
Children around the world are suffering through an unprecedented mental health crisis, largely because they haven’t been able to attend school during the pandemic. Vaccines for children could be a pivotal first step to addressing the growing emergency. Read More
Jack Ma’s Postponed IPO is {} Beijing Rescue face
When authorities squished Ant Group’s 37 billion initial public offering a week, several analysts interpreted this move as an attempt by China’s thin-skinned ancestral rulers to frighten the state ’s best-known online billionaire that ’s actually manager. Conventional wisdom had it that Jack Ma, Ant’s co-founder and biggest shareholder, doomed the record by shooting in […]
From billion-dollar Evaluation to Float: Chinese Technology unicorn now Could be worth just More than 1,000
Renrenche was among China’s hottest technology unicorns endorsed by investors such as Goldman Sachs Group Inc. and Tencent Holdings Ltd.. The automobile site could sell itself to get a bit more than 1,000. The Beijing-based startup–that had a pre-money evaluation of $1.4 billion at a funding round only a couple of decades ago–includes a preliminary […]