Baidu and Geely Give No Sign of Investing Further in EV Joint Venture
Global EVs & Hybrids Sales Rose 32% YoY In November Partially Due To Sustainability Concern
New Stock Preview | After three years of unsuccessful attempts to enter A-shares, will Zhuoyue Ruixin, backed by Sina and Baidu, fulfill its capital dream by moving south?
After three years of failure to enter the A-share market, Zhuoyue Ruixin, supported by Sina and Baidu, is continuing to shift its focus to the Hong Kong stock market...
Returns Are Gaining Momentum At Baidu (NASDAQ:BIDU)
Extreme management insider reveals: spent 0.5 million yuan to host a hot pot gathering, and a single live broadcast earned seven to eight million.
Sina Technology News, on the afternoon of December 14, reported that after Geely and Baidu issued a joint statement about Geely Autos yesterday, stating that they would actively assist the management of Jidu in handling related matters. Today, a mid-level employee from Jidu exposed more issues regarding the daily management of CEO Xia Yiping during an interview with a media outlet. According to the employee, Xia Yiping held many hot pot gatherings, inviting car owners to hot pot, with each event costing over 0.5 million yuan. "As a Venture, expenditures should be strictly controlled, but the reality is a loss of compliance and internal audit supervision in supplier procurement." It has been revealed that Xia Yiping acts on his own.
Market Chatter: Baidu, Geely to Help Resolve Problems at Joint Venture
