Wednesday, 8 November 2017
China electric car startup Nio raises over $1 billion from Tencent, others
HONG KONG: Chinese electric vehicle startup Nio has raised more than $1 billion in its latest fundraising round, led by existing investor Tencent Holdings Ltd, valuing the firm at about $5 billion, two people with knowledge of the matter said. New investors in the round include U.S.
You can read more here: China electric car startup Nio raises over $1 billion from Tencent, others
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Life insurers earn more in Oct selling lesser policies
The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...
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