JakeSpring
Stories by JakeSpring
GM ventures into China car-sharing with investment in Feezu app
Feezu, whose Chinese name translates as "micro car rental," allows users to rent vehicles for as little as 10 minutes. The app differs from services l
China clears road for Uber, Didi Chuxing to operate legally
China has issued the final version of a policy to regulate booming online-ride hailing services, in which Uber Technologies Inc and Chinese rival Didi
Samsung Electronics buys $450m stake in Chinese electric car firm BYD
Samsung Electronics is to pay 3 billion yuan ($450 million) for a stake in Chinese automaker and rechargeable batteries firm BYD.
Hang Seng Bank to form China’s first foreign majority-owned fund
The approval marks the latest step toward linking the financial hub of Hong Kong with rapid development in the mainland.
Tencent venture poaches Google talent as Chinese tech firms accelerate in self-driving car race
Tech firms are encroaching on the auto sector as cars become increasingly reliant on digital technology, with Chinese e-commerce firm Alibaba Group Ho
China to scrap limits on foreign participation in few service sectors
China will also allow more foreign investment into the banking, insurance, securities and elderly care sectors.
Uber receives nearly $2b investment from Chinese firms
Uber's main global entity received the rest of the money, though the company did not specify how much each unit got.
