Alibaba

Following this round, the company plans to expand its 24-hour medicine delivery service to more cities in China.

The standalone shopping channel is a strategic move by Baidu which is ramping up e-commerce capabilities in its mobile ecosystem.

Capitalizing on the platform’s 683 million customers, the store sold over 100,000 items within two days of its launch.

The initial alliance with Sun Art dates back to 2017, after which Alibaba integrated its online grocery ordering platform Taoxianda with Sun Art’s stores, offering home-delivery services.

Faraday Future will use the new funds to support mass production of its FF 91 model.

Chinese regulators probe Alipay’s exclusive role in mutual fund distribution which has delayed Ant’s IPO.

Meituan first released livestreaming features in April, allowing tourist sites to introduce themselves to potential visitors amid the COVID-19 pandemic.

The firm’s main rivals Nio, Li Auto, and Xpeng are already listed in the United States.