Chinese startup Dingdong is aiming for an IPO in New York

Chinese startup Dingdong is aiming for an IPO in New York

– Driver from Dingdong in Shanghai The company plans to raise $ 357 million on its IPO. – (Photo: Reuters) – – – – Bangalore The food delivery company from China, which is co-financed by the Japanese technology investor Softbank, is aiming for a valuation of more than six billion dollars when it goes public … Read more

How a German wants to change shopping in New York

How a German wants to change shopping in New York

– Ralf Wenzel Wenzel founded a delivery service with Foodpanda back in 2012. – (Photo: Softbank) – – – – New York Finding small warehouses in the heart of New York has never been easier. The city is badly hit after the pandemic, every third retailer and every third restaurant did not survive the crisis. … Read more

China Suddenly Laws Tencent, Baidu & SoftBank Cs, Why?

China Suddenly Laws Tencent, Baidu & SoftBank Cs, Why?

Jakarta, CNBC Indonesia – The Chinese market authorities again accused of monopolistic practices in their country. The local government fines 12 companies related to 10 agreements deemed illegal monopoly. The policy was announced directly by the State Administration for Market Regulation (SAMR). They also announced a number of them including Chinese giants such as Baidu, … Read more