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A look at Chinese food delivery giant Meituan's subsidy war with Alibaba and JD.com, leading Meituan to a big Q3 loss and internal debate over global expansion (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times : A look at Chinese food delivery giant Meituan's subsidy war with Alibaba and JD.com, leading Meitu...

26 July 2024

Chinese self-driving startup WeRide files to list on the Nasdaq under the symbol WRD, reporting a loss of $268M on revenue of $55M in 2023 (Michael Hytha/Bloomberg)

Michael Hytha / Bloomberg:
Chinese self-driving startup WeRide files to list on the Nasdaq under the symbol WRD, reporting a loss of $268M on revenue of $55M in 2023  —  Driverless technology startup WeRide Inc. filed for what could be the biggest US initial public offering by a Chinese company since ride-share company Didi Global Inc.'s disastrous 2021 listing.

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