Xu will also join the company's board as an executive director, while Richard Liu will retain his title as the board chairman, JD.com said
The robotics startup plans to enter the US market, scale its team and build capacity to address the current pipeline of customers and deliver 100 robots annually
The currency was hovering near 300 per US dollar on Wednesday, down 32% in the year to date and lagging behind even Russia’s rouble
But Moore Threads, which investors value at more than $2 billion, has omitted important information: key pieces come from the UK
The three units are under investigation over suspected fee collusion in a case that could have serious ramifications for India's $500 billion corporate debt market
Pressure on China’s economy has intensified with news that its services activity contracted at its steepest pace in two years last month, as the Covid surge began
Ukraine conflict has knocked 2.8% off world trade over last two months. And the Kiel Trade Indicator says China trade faces 'stagnation', due to the Covid lockdown in Shanghai
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.