China's auto, internet giants set up 9.76 billion yuan fund to invest in ride-sharing industry

Singapore News News

China's auto, internet giants set up 9.76 billion yuan fund to invest in ride-sharing industry
Singapore Latest News,Singapore Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

China's major automobile and internet companies, including Chongqing Changa...

FILE PHOTO: A man stands near the logo of Alibaba Group at the company's newly-launched office in Kuala Lumpur, Malaysia June 18, 2018. REUTERS/Lai Seng Sin/File Photo

Chongqing Changan Automobile has invested 1.6 billion yuan in the investment company in Nanjing with partners such as Alibaba’s investment firm, Tencent’s affiliate, Suning’s investment unit, FAW, and Dongfeng Motor.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Winston scores 26 as Michigan State survives Bradley scareWinston scores 26 as Michigan State survives Bradley scareCassius Winston scored 26 points to lead No. 2 Michigan State to a 76-65 victory...
Read more »

Premier Li says China opposes Taiwan independencePremier Li says China opposes Taiwan independenceChina maintains a 'one-China' policy and opposes independence for Taiw...
Read more »

China birth rates fall in several regions in 2018: China DailyChina birth rates fall in several regions in 2018: China DailyChina's birth rate in several regions, including the capital Beijing, fell ...
Read more »

New U.S. military budget heavily focused on China despite lawmakers’ border wall talkNew U.S. military budget heavily focused on China despite lawmakers’ border wall talkTo a remarkable degree, the 2020 Pentagon budget proposal is shaped by national security threats that acting Defense Secretary Patrick Shanahan has summarized in three words: 'China, China, China.'
Read more »

Chinese smartphone firms jazz up products, seize turf in home market from AppleChinese smartphone firms jazz up products, seize turf in home market from AppleSmartphone retailers in China say it's a tough sell of late with consumers ...
Read more »

Trump says China tariffs may stay for 'a substantial period of time'Trump says China tariffs may stay for 'a substantial period of time'President Donald Trump has warned that US tariffs on $250 billion of Chinese exports are unlikely to go away anytime soon — even if the two countries reach a deal to end their trade war.
Read more »

Italy's drive to join China's Belt and Road hits pot holesItaly's drive to join China's Belt and Road hits pot holesThe ancient Silk Road was a network of trading routes that stretched from China ...
Read more »

China says 13,000 'terrorists' arrested in Xinjiang since 2014China says 13,000 'terrorists' arrested in Xinjiang since 2014Authorities in China have arrested almost 13,000 'terrorists' in Xinji...
Read more »

Japan firms see prolonged Sino-U.S. trade war, China slowdown to persist: Reuters pollJapan firms see prolonged Sino-U.S. trade war, China slowdown to persist: Reuters pollThree in four Japanese companies expect U.S.-China trade frictions to last until...
Read more »



Render Time: 2025-03-28 20:56:10