China's auto, internet giants set up 9.76 billion yuan fund to invest in ride-sharing industry

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China's auto, internet giants set up 9.76 billion yuan fund to invest in ride-sharing industry
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China's major automobile and internet companies, including Chongqing Changa...

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FILE PHOTO: A man stands near the logo of Alibaba Group at the company's newly-launched office in Kuala Lumpur, Malaysia June 18, 2018. REUTERS/Lai Seng Sin/File Photo

Chongqing Changan Automobile has invested 1.6 billion yuan in the investment company in Nanjing with partners such as Alibaba’s investment firm, Tencent’s affiliate, Suning’s investment unit, FAW, and Dongfeng Motor.

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The🌎needs China’s strong economy and business interactions. The West have give an important lesson to China, about the aggressive terms, in that destructive actions against their economy can be express. As an outcome, China will become more RESILIENT.

Quality of goods is dreadful and standards of all you sell in your market place is dreadful no wonder you have to use Western Union to buy bulk.

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