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Dockless scooter companies charged into cities in 2018, promising a mobility revolution with cheap, clean rides and billions in venture capital backing. Yet they soon faced roadblocks, including shaky business models, safety concerns, and fast-moving city regulators. At the start of 2020, cash-losing operators were shrinking their headcounts and vehicle fleets.
A few weeks ago, there was entirely too much TV content for Americans to watch and not enough hours in the day. How quickly it will start to feel as though just the opposite is true.
When Alphabet Inc's Google published revenue from its cloud business for the first time last month, a feeling of bitter vindication swept through International Business Machines Corp.
Airbnb Inc is making adjustments to its refund policy in an attempt to balance the needs of hosts and guests on its home-sharing site amid the global coronavirus outbreak that has severely reduced travel demand.
In Beijing, you will soon be able to order books with your lunch on Chinese food delivery app Meituan
A first batch of 72 bookstores are launching on food delivery platform Meituan “as soon as next week”. Booksellers in China’s capital city have been struggling to stay afloat due to reduced footfall during the epidemic.
Socar's new service Trevo lets users rent cars on a P2P basis, including luxury vehicles like a Rolls-Royce Limousine for RM2,000 per day.
The mere words intrigue on their own: robot furniture.
Zhang Yan learned first-hand how the coronavirus is ravaging China’s once booming real estate economy. The Shanghai landlord on Internet home-listings platform Danke was surprised when she recently got a terse notice from the company declaring it would withhold all rental payments for a month because of the epidemic.
Coronavirus: China’s private bookstores struggling to survive as sales drop 90%, stores remain closed
China has over 70,000 brick-and-mortar bookstores, but they are among numerous small and medium-sized enterprises struggling due to a lack of customers. The virus is a further blow to the industry that was already under pressure from online rivals, as well as a growing trend of reading books on electronic devices.