Oyo’s spectacular retreat in China may have some lasting effects on SoftBank. Or it may be just another Tuesday in venture capital land.
Bytedance is set to shove Baidu aside as the B in BATs, and is taking a bite out of Tencent’s ad revenue. Why? Its ads are just more effective.
In translation from our friends at GQ Reports, a dispatch from the blue collar heroes on the front lines of Wuhan’s battle against coronavirus.
Parsing through the reasons behind the Ant Group IPO suspension: its microlending practices, the history of P2P lending, Jack Ma’s speech, and regulators’ warnings.