The funding boost could help the cash-strapped Nio accelerate into the fast lane.
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Posted inHeavy Hitters
Huawei restructures to focus on cloud computing, AI
Huawei is actively opening up new business lines as the impact from US trade sanctions and backlash takes its toll.
Posted inHeavy Hitters
UPDATED: Huawei restructures cars business while selling Honor phone brand
Huawei announced a reorganization that granted the head of its consumer business group oversight over the company’s car business operations.
Posted inHeavy Hitters
Baidu restructures self-driving unit amid serious competition
The restructuring is the search giant’s latest move to ramp up business amid challenges from emerging domestic rivals.
Posted inHeavy Hitters
Alibaba sharpens focus on C2M business with Taobao, Tmall restructure
Alibaba looks to shore up growth for its core e-commerce business.
Posted inHeavy Hitters
Netease restructures amid slowing e-commerce growth
The downsizing follows a round of restructuring earlier this year, as Netease seeks to increase its focus on its two main businesses — e-commerce and gaming.
Posted inHeavy Hitters
Lenovo China restructures to become more customer-centric
A previous restructuring last May helped boost its faltering finances.
Posted inUp and Comers
EV maker CHJ to restructure into VIE, seeking overseas funds
The Chinese EV maker expects production capacity of 50,000 units by the end of H1 2020.
Posted inTurf Wars
Baidu restructures to focus on AI and cloud computing
The newly-formed department will be considered the cradle of “new growth engines.”
Posted inOn the Cusp
Briefing: Didi restructures amid safety and monopoly concerns
The murder of two passengers has exposed Didi and China’s ride-hailing industry to increased scrutiny.
