Aihuishou, a Chinese electronics resale platform backed by JD.com, filed an application for an IPO on the New York stock exchange on Friday.
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Re-commerce, or secondhand shopping, is growing fast in China. But users are finding scams and counterfeits mixed in with the bargains.
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With help from Alibaba’s map technology, Xpeng says it now has the most advanced driver-assist function for Chinese customers.
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Big auto and big tech announced EVs at Auto Shanghai 2021, putting pressure on young EV upstarts.