Category: News Site

Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance

To merge or not to merge? This is a question now beyond the control of the two companies most expected to combine in China at the moment: bike sharing unicorns Mobike and ofo. That is because their respective ultimate backers, Tencent Holdings Ltd. and Alibaba Group, both want to dominate the industry believed to shape… Continue reading Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance

BMW wants to defend itself with tests against reproaches

According to measurements of the German environmental aid, the exhaust gas scandal has also reached BMW. Now the manufacturer wants to prove that the allegation of illegal defeat devices in vehicles of the 3-series is incorrect. Klaus Fröhlich, BMW board member, responsible for development Monday, 11.12.2017 10:22 The in the exhaust scandal under pressure BMW… Continue reading BMW wants to defend itself with tests against reproaches

Prosecutor’s Office is considering allegations against BMW

Only the Ministry of Transport, now the prosecutors: The prosecutor’s office is concerned with the emissions allegations against BMW. The car maker rejects the allegations. BMW headquarters in Munich Wednesday, 06.12.2017 17:52 clock In the exhaust scandal is now BMW Investigated by the investigators: The Munich prosecutor announced that they had “initiated a preliminary investigation… Continue reading Prosecutor’s Office is considering allegations against BMW

Ministry of Transport has allegations against BMW test

The German environmental aid accuses BMW of having manipulated in the exhaust gas cleaning. The car maker rejects this. Now the Federal Ministry of Transport has joined. BMW headquarters in Munich Tuesday, 05.12.2017 18:30 clock The diesel scandal has BMW Achieved: The Federal Ministry of Transport is investigating allegations against the carmaker, exhaust gases are… Continue reading Ministry of Transport has allegations against BMW test

Matrix Partners China Reveals Biggest Investment Mistakes And Lessons Learned

Matrix Partners China, a joint venture fund between U.S. venture capital firm Matrix Partners and its Chinese partners, has revealed its biggest investment mistakes and lessons learned since being founded in 2008, offering insights into how even the smartest investors can miss great opportunities. Matrix China and its founding managing partner David Zhang, also known… Continue reading Matrix Partners China Reveals Biggest Investment Mistakes And Lessons Learned

China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates

After years of explosive growth, China’s vast sharing economy is entering consolidation mode. The latest merger news comes from Chinese Uber-like truck logistics leaders Yumanman and Huochebang, both valued at US$1 billion on China Money Network’s China Unicorn Ranking. The deal may herald more mega-mergers in the sharing space due to intense competition and overlapping business… Continue reading China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates