Electric vehicle start-up Xpeng unveiled its first pay-generation prototype for a flying vehicle at the Beijing Auto Show on September 26, 2020. Evelyn Cheng BEIJING – Alibaba-backed Expang is putting money into flying car techno into G as part of its long-term strategy. Electric auto Tomcat unveiled at the Beijing …
Read More »The founder of Nongfu Spring soon became the richest man in China on the day of the IPO
Nongfu Spring Company Chairman Zhong Shanshan attends the Nongfu Spring New Product Launch Conference on February 1, 2015, in Baishan, Jilin Province, China. Jiang Xin | VCG | Getty Images BEIJING – The massive introduction of bottled water has propelled its founder to the ranks of China’s three richest people, …
Read More »The losses of Fintech unicorn Klarna increased seven times in the first half
Klarna CEO Sebastian Siemiatkowski follows the launch of the online payment start-up pop-up store in London. Dave Benett | Getty Images for Klarna Swedish online payment company Klarna reported a balloon loss net loss in the first half of 2020, as the company invested in an international expansion company and …
Read More »Chinese EV maker Xpeng increases US IPO size to $ 1.5 billion
Xpeng Motors Technology is headquartered in Guangzhou, China Giulia Marchi | Bloomberg | Getty Images Chinese electric car maker Xpeng has increased the size of its U.S. public offering to about $ 1.49 billion, two sources with direct knowledge of the matter. The company will price its shares at $ …
Read More »Deere, Foot Locker, Tesla and more
John Deere combinators will be appearing on Tuesday, August 28, 2018 at the Farm Progress Show in Boone, Iowa, US. Daniel Acker | Bloomberg | Getty Images Check out the companies that make headlines in the afternoon trade. Deere – Shares of farm machinery company rose 4.7% Friday after Deere …
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