Nio shares surge despite lingering investment concerns

By Jill Shen

Dec 31, 20192 min read William Li Bin, founder and CEO of Nio, spoke at annual launch event Nio Day in Shenzhen on Saturday, December 28, 2019. (Image credit: Nio)Nio shares swelled by over 50% overnight after the embattled NEV maker posted a surpri…

Nio shares surge despite lingering investment concerns

By Jill Shen

Dec 31, 20192 min read William Li Bin, founder and CEO of Nio, spoke at annual launch event Nio Day in Shenzhen on Saturday, December 28, 2019. (Image credit: Nio)Nio shares swelled by over 50% overnight after the embattled NEV maker posted a surpri…

Meituan Dianping doubles down on cloud business

By Emma Lee

Dec 31, 20191 min read Image credit: MeituanChinese food delivery-to-ticketing platform Meituan Dianping increased the registered capital of its cloud computing subsidiary by 8,600% on December 25, according to corporate intelligence information pla…