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Company in china. Meituan, a Chinese Company that has made it cheaper to order in than to go out and has reshaped life in china cities. Carol we talked to editor jeff muskus about the story. Jeff the 40yearold founder of meituan started trying to build social networks in china for, you know, friend star, a facebook like. Something that looked an awful lot like twitter with a can a handful of cofounders. After blowing through the early stakes for friends and family and then suffering crackdowns from the chinese government, they tried to do something a little less controversial. He spent heavily thanks to early investment by alibabas founder jack ma to sort of take the lead in what was known for some war in the 100 groupon china. Carol he starts his company, get the investment from jack ma, and that he starts putting up some of his businesses or where he wants to do business extensions. And that costs more money, and that is when alibaba says we are not interested in doing another round.
New-yorkUnited-statesLouisianaJapanTokyoTexasBostonMassachusettsChinaKyotoCalcuttaWest-bengalThan to go out and has reshaped life in china cities. Carol we talked to editor jeff muskus about the story. Jeff the 40yearold founder of meituan started trying to build social networks in china for, you know, friend star, a facebook like. Something that looked an awful lot like twitter with a can a handful of cofounders. After blowing through the early stakes for friends and family and then suffering crackdowns from the chinese government, they tried to do something a little less controversial. He spent heavily thanks to early investment by alibabas founder jack ma to sort of take the lead in what was known for some time as the 100 groupon war in china. Carol he starts his company, get the investment from jack ma, and that he starts putting up some of his businesses or where he wants to do business extensions. And that costs more money, and that is when alibaba says we are not interested in doing another round. Jeff the terms alibaba set where at a certain point, where meitaun was th
New-yorkUnited-statesLouisianaJapanTokyoTexasBostonMassachusettsChinaKyotoCalcuttaWest-bengalFalls short of commitment to denuclearization. We are seeing the peace dividend. Australia, down one third of 1 but seeing a decent week in Chinese Markets. China, up. 75 . Eight shares coming back in a big way. The hang seng, as well. We are watching that. 8 higher today. The timing could be pretty good. Ceo of thek to the company, pretty bullish. Shares up around 6 right now. Compareddecent showing to the ipos in the tech sector in hong kong of late. Rishaad lets get to the first word news in sydney with paul allen. Paul the white house says President Trump will nominate economist nelly yang to one of the three seats on the board of governors. In Financial Stability and credit markets. She spent three decades at the fed to strengthen the Banking Sector after the financial crisis. Months after facing calls to scandal, a cronyism shinzo abe is expected to be overwhelmingly reelect did ads leader of japans democratic and liberal party. From a solid economy, political savvy, and good for
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