Geely Holding and BIDU-SW (09888.HK)'s auto JV, Jiyue (formerly known as Jidu), is locked in a funding crisis. An online post ...

Geely Holding and BIDU-SW (09888.HK)'s auto JV, Jiyue, is locked in liquidity crisis, with a capital gap of up to RMB6 ...

Some projects will be scrapped and some business units merged in an ‘all-out’ effort towards ‘rebirth’, CEO says.

Starbucks’ China revenue fell 7% last quarter, as Chinese shoppers turned to more affordable drinks sold by local chains like ...

Jiyue Auto, the automotive startup co-founded by Baidu and Geely, is on the brink of collapse. CEO Joe Xia, in a letter to ...

Starbucks has hired its first Chief Growth Officer in China as competition mounts in the local market, according to Bloomberg ...

Tony Yang will focus on attracting young coffee drinkers via tie-ups with entertainment franchises and pop culture icons.

Jiyue, a premium electric vehicle (EV) maker backed by Chinese search-engine firm Baidu, will downsize its operations while pursuing fresh capital to withstand vicious competition. Projects that ...

Baidu and Geely's electric vehicle venture, Jiyue, is cutting staff and operations due to industry changes. The companies ...

Jiyue, a Geely-Baidu joint-venture EV brand born in 2021 as Jidu Auto, will scale down its operations and puruse fresh ...