Geely Holding and BIDU-SW (09888.HK)'s car factory "Jiyue" is locked in a funding crisis. 21st Century Business Herald quoted ...
Jiyue has sold only 13,834 cars, a number far below expectations. Both Geely, which owns 65% of the company, and Baidu, which ...
The employees of Chinese electric vehicle maker Jiyue who are being laid off are expected to be paid salaries by Friday with ...
Jiyue announced the unilateral dismissal of Xu Jiye, its public relations director, in accordance with the relevant ...
Chinese electric carmaker Jiyue is on the brink of collapse despite being backed by technology giant Baidu and automotive ...
Starbucks has had a tough time in China recently. The company has been outsmarted in growth by its Chinese competition while ...
A former employee exposes leadership failures, operational chaos, and conflicting goals as the driving forces behind Jiyue’s ...
Starbucks has hired its first Chief Growth Officer in China as competition mounts in the local market, according to Bloomberg ...
Starbucks’ China revenue fell 7% last quarter, as Chinese shoppers turned to more affordable drinks sold by local chains like ...
Starbucks (SBUX) is doubling down on a new strategy to reclaim its footing in China, it’s second-biggest international market ...
Tony Yang will focus on attracting young coffee drinkers via tie-ups with entertainment franchises and pop culture icons.
Chinese search engine Baidu and auto giant Geely on Dec. 13 assured the public that their electric vehicle joint venture ...