Chinese electric carmaker Jiyue is on the brink of collapse despite being backed by technology giant Baidu and automotive ...
The employees of Chinese electric vehicle maker Jiyue who are being laid off are expected to be paid salaries by Friday with ...
Jiyue, Geely Holding and BIDU-SW (09888.HK)'s auto JV, is in a funding crisis, with rumors of massive layoffs and inability ...
Geely Holding and BIDU-SW (09888.HK)'s car factory "Jiyue" is locked in a funding crisis. 21st Century Business Herald quoted ...
Jiyue has sold only 13,834 cars, a number far below expectations. Both Geely, which owns 65% of the company, and Baidu, which ...
As the auto industry races toward the final stretch of 2024, with less than a month remaining before 2025, JiYue Auto—fresh off unveiling its sports car concept—has suddenly collapsed.
Starbucks’ China revenue fell 7% last quarter, as Chinese shoppers turned to more affordable drinks sold by local chains like ...
Starbucks has had a tough time in China recently. The company has been outsmarted in growth by its Chinese competition while ...
Tony Yang will focus on attracting young coffee drinkers via tie-ups with entertainment franchises and pop culture icons.