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Can China, already the world’s biggest market for electric vehicles, get even bigger? With a mix of quotas and billions of dollars of state and private investment, the government wants one out of every five cars made and sold in China by 2025 to be electric. That would mean annual sales of seven million a year.
But the government’s ambitions could be stymied by something every ...
SoftBank is changing the tech landscape by investing massive amounts of money in startups. Increasingly, that money is coming with more strings attached.
As it deploys its nearly $100 billion Vision Fund, the investing giant is negotiating deal terms that can go to great lengths to protect its returns and give it greater control over key decisions at companies, according to a review of public ...
SoftBank and Primavera Capital are in talks to invest in Bytedance, the six-year-old startup behind news app Toutiao and other popular Chinese entertainment apps, which is raising money ahead of a possible initial public offering next year.
The new round of financing could value Bytedance at as much as $75 billion, according to people familiar with the discussions, making it one of the most ...
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