China

ADDX has reached an agreement with the Singapore-regulated wealth and fund management company ICHAM, which has received a $200 million allocation as part of the Chongqing government’s overall $5 billion QDLP quota. ADDX will be the primary venue for investments from the ICHAM fund in China authorized to raise capital from Chinese institutions and…

These three phases of digitization correspond to the three states of "before service," "in service," and "after service," respectively. Without the digitalization of vehicle condition management, customer relationship management will purely rely on managers and technicians.

Black Lake plans to use its fresh capital to invest in product development, manpower, market expansion, and creating an open platform for third-party partners. The company also plans to leverage its latest partnership with the Singaporean Temasek Holdings to further penetrate the Southeast Asian market, specifically in Vietnam and Malaysia.

Chinese carmakers have long sought to expand overseas amid Beijing’s ambition to build a world-class auto industry, and the baton has now been passed to young Electric Vehicle makers. Are they well-positioned to sustain high growth rates into the future, and can they prove viability in the market?

Here’s what Ant Group (formerly Ant Financial) has done so far.

Netflix battle means better localization needed, it says.

Buying iFlix gives the tech titan a rolling start.