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Transcripts for CNN CNN Newsroom With Fredricka Whitfield 20201122 20:42:30
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that is bangalore. and that is where our correspondent. is standing by for us at least i hope he is yes there is hello jay that s impressive figures there but the number of start ups alone doesn t mean anything if they all fail is not right. quite right the number of startups don t matter but the mrs haddo read that this is risky business so they re ok if nine out of ten startups fail as long as they can get that one start a protest a big hit so if you go back in time and look at flipkart which was india s largest e-commerce company and it was sold to wal-mart in a sixteen billion dollars deal and you look at the numbers there the investors who came in early let s put example axel partners they put in about two hundred million dollars they walked away with a cool one billion dollars not the same case with tiger global a new york based hedge fund they put in about a billion dollars that their stake is worth over three billion dollars now so they
a list of industrial activities of thirty s considered unsafe or wasteful china began cracking down on corn offerings and cryptocurrency exchanges two years ago it s the world s largest market for coin mining hardware. sales have fallen for the tenth month in china has sold twelve percent fewer vehicles last month than they did in march last year demand in the world s largest comet has been hit by the growth slowing amid trade tensions with the u.s. . japanese comicon this will spend over two hundred million dollars equipping its south african factory to build and you pick up the passageway of the plant outside for toria will increase by thirteen thousand vehicles every year four hundred new jobs will be added production is almost is also aimed at local and continental. britain standard chartered bank is said to pay over a billion dollar finds a u.k. and u.s. authorities say it failed to prevent