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Profiles: NIO NIO is the latest electric vehicle-maker to earn the aspirational label of "Tesla Killer." However, just two years ago, NIO was almost bankrupt--a common problem in this nascent sector.
Subscriber OnlyTechnologyTencent Faces Broad China Clampdown on Fintech, DealsWatchdogs see Tencent as next target for oversight after AntCompany was fined on Friday for its 2018 investment in an appPhotographer: Yan Cong/BloombergBloomberg NewsMarch 12, 2021, 7:26 AM UTCUpdated onMarch 12, 2021, 2:11 PM UTCPony Ma’s Tencent Holdings Ltd. has been put on notice.Asia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s online empire.