According to the report, Chinese investors make about half of global cryptocurrency transactions by value.
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Luckin Tea owns its own logo and will open new chain shops as early as October.
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Though ofo denies rumors of bankruptcy, multiple credible leaks suggest that the company is in hot water.
Counting the 22 cities in which luckin opened coffee shops last year, the coffee chain is expected to operate in a total of 40 cities nationwide this year.
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Car trading platform Uxin allows consumers to purchase competitively priced cars from nearly anywhere.
Uxin recognizes great growth potential in its 2C business, especially in cross-regional transactions.
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Improving auto retail efficiency and product flexibility are among the new platform’s goals.
