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BYD Earnings, Alibaba Pulls IPO
Bloomberg Daybreak: Asia Edition
Challenges for Smaller EV Makers in China and Alibaba's IPO Cancellation
Exploring the struggles faced by smaller EV manufacturers in China amidst fierce competition, potential bankruptcies, and the wider implications for the industry. The discussion then shifts to Alibaba's decision to cancel the IPO for its logistics arm, Signeow, shedding light on market challenges and Alibaba's strategic restructuring moves.
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Discover
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