Live Breaking News & Updates on Shanghe Demonstration Zone

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Geely Group’s low-orbit satellite Internet project started with a total investment of 4.12 billion yuan
The project is a Geely satellite Internet project with a total investment of 4.12 billion yuan and is located in the Shanghe Demonstration Zone in Jiaozhou City, Qingdao. In early August last year, the Shanghai Cooperation Demonstration Zone Management Committee and Geely Technology Group signed a low-orbit satellite Internet project cooperation agreement.
Didi Cargo reportedly completing the first round of US$1.5 billion financing
Didi Cargo has reportedly completed the first round of signing a US$1.5 billion financing agreement. Leading investors are Temasek, CPE Yuanfeng (CITIC Industry Fund), IDG Capital, and Zhongguancun Nongmen Fund, GLP’s private equity investment institution Yinshan Capital, Country Garden Ventures, Ding Pei Group, and Yunfeng Fund. This round of financing is scheduled to be completed in February. ....

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