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Tag: Yuan

NIO Automobile Submits U.S. Prospectus, Looking to IPO on the NYSE

NIO Automobile submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) for an IPO on the New York Stock Exchange. It...

Chinese Co-working Space Giant Ucommune Raises RMB 300 Million at $1.8 Billion Valuation

Ucommune, previously UrWork, the only Chinese unicorn in the co-working space, announced on August 14 that the company received a new round of...

XPENG Motors Completes Series B+ Round, Raises RMB 4 Billion at close to 25 Billion Valuation

Chinese electric vehicle startup XPENG Motors officially announces the completion of its Series B+ round of 4 billion yuan today, with Primavera Capital...

Ofo and Didi Respond to Acquisition Negotiation Rumors

Ofo dispelled rumors on July 30 that its negotiation with DiDi Chuxing is soon to come to a close. SEE ALSO: Ofo Rode Out...

Live-Streaming Platform Inke Goes Public in Hong Kong

Inke Inc. welcomed its first trading day on July 12 on the Hong Kong Stock Exchange, starting with a 40 percent surge on...

Moving on from big blockchains

What we gain in flexibility by losing proof of workWhen it comes to using blockchains for inter-enterprise coordination, there’s an elephant-sized problem in...

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