“We maintain the guidance of double-digit profit margins by year-end and we are confident to achieve it,” the Nio CEO said.
This year’s Asia Hot-Tech Battle welcomes applications from industries including but not limited to consumer electronics, IoT, AI, 5G, fintech, smart mobility, proptech, new retail, medtech, edutech, and foodtech.
Some suggest that problems of Huawei would disappear if China takes control of Taiwan. Cooler heads propose aggressive industrial policies.
Given his track record and ambition, the move is significant, Kevin Mayer may be exactly what Bytedance needs to fuel its next stage of growth.
As the US moves to cut Huawei off from global chip manufacturing, experts say flagship Chinese fab SMIC is a poor substitute.
Alibaba has spent billions on investments and acquisitions in startups around the world over the past decade. Where is its money going?
Who is Luckin chairman Charles Lu, and why is he still running the show after the company admitted to major revenue fraud?
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