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Top News In Wang Xing Today - Breaking & Trending Today

Meituan scales back ride-hailing services to cut costs · TechNode - Vimarsana News

Meituan scales back ride-hailing services to cut costs · TechNode

The decision marks a significant retreat for the Chinese food delivery titan and could be a turning point for transport in the country.

Silicon Valley Bank's collapse hastens unravelling of long-standing ties between US venture capital and China's technology start-ups - Vimarsana News

Silicon Valley Bank's collapse hastens unravelling of long-standing ties between US venture capital and China's technology start-ups

The likely impact of the US lender’s collapse is that China’s tech elite will look to banks in Hong Kong, Singapore and even Europe.

Source: scmp.com
China's Meituan to restructure ride-hailing unit, reduce service's staff – letter - Vimarsana News

China's Meituan to restructure ride-hailing unit, reduce service's staff – letter

BEIJING/SHANGHAI (Reuters) - Chinese tech giant Meituan plans to restructure its ride-hailing service and reduce the number of staff it has working on...

China's Meituan to restructure ride-hailing unit, reduce service's staff – letter | WSAU News/Talk 550 AM · 99.9 FM - Vimarsana News

China's Meituan to restructure ride-hailing unit, reduce service's staff – letter | WSAU News/Talk 550 AM · 99.9 FM

BEIJING/SHANGHAI (Reuters) - Chinese tech giant Meituan plans to restructure its ride-hailing service and reduce the number of staff it has working on...

Source: wsau.com
Meituan co-founder lines up $50m to build China's answer to ChatGPT - Vimarsana News

Meituan co-founder lines up $50m to build China's answer to ChatGPT

Wang claims the new venture is already valued at $200m and top-tier VCs intend to invest $230m in its next funding round.