Tag: china
Porsche to produce a cheaper version of its all-electric Taycan
Porsche is producing three variants of its all-electric Taycan sports sedan with base prices that range from a skosh over $105,000 to $185,000. Now, it seems the automaker is preparing to introduce a cheaper rear-wheel-drive version, according to an interview in Car Magazine with Porsche R&D chief Michael Steiner. This…
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Will China’s coronavirus-related trends shape the future for American VCs?
Rocio Wu Contributor Rocio Wu is a second-year MBA candidate at Harvard Business School and a venture capitalist. For the past month, VC investment pace seems to have slacked off in the U.S., but deal activities in China are picking up following a slowdown prompted by the COVID-19 outbreak. According…
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The Station: Pony.ai turns to delivery, Kodiak cuts, Lime snaps up Boosted’s IP
Hi and welcome back to The Station, a weekly newsletter dedicated to the future (and present) of transportation. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. What you’re reading here is an abbreviated version of The Station. To get the complete newsletter, which comes out every weekend, go…
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An IPO? In this economy?
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Late last week a Chinese company called Kingsoft Cloud filed to go public in the United States. The cloud infrastructure business intends to list on the Nasdaq under the symbol…
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Alibaba Cloud will invest $28 billion more into its infrastructure over the next three years
Alibaba Cloud announced today that it will invest another RMB 200 billion (or about $28 billion) into its infrastructure over the next three years, prompted in part by increased demand for services like video conferencing and live streaming as businesses adapt to the COVID-19 pandemic. The investment will focus on…
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Senate panel wants stricter oversight of Chinese telecoms
If it wasn’t already clear that the US government wants to crack down on Chinese telecoms, it should be very shortly. The Wall Street Journal understands that the Senate Permanent Subcommitee on Investigations will issue a report demanding stricter o… Source
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