SoftBank Group Corp's Vision Fund is expected to be the lead investor in the fundraising, according to two sources. Other potential investors include Chinese private equity firm Primavera Capital Group, two other sources said.
Some people become online celebrities due to their good looks or good luck. But one young man has gained huge popularity on the internet because of his keen interest in natural history.
Some publishers have broadcast live content forbidden by Chinese law on these platforms, they noted.
Some, like Juan, are trying to get by with online shops and home deliveries, while others have been forced to retrench their staff amid a lack of revenue.
Some economic indicators in July registered slower than expected growth, spurring concern over the government's determination to promote the campaign against debt.
Song Zhenghuan is the man whose innovations have changed the design of baby carriages forever, and turned transporting kids into a stroll.
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Some express hotels and neighborhood community offices had also been prepared as isolation facilities, Haidian district authorities said.
Some internet users said the man's move was funny, but others questioned whether the move violated relevant regulations.
Some experts believe that the emerging form of economy breaks the stereotype of the traditional economy and helps create new job opportunities, but it has also led to concerns that it may give rise to illicit acts, like hiring people to cheat on an exam.
Some SMEs in the manufacturing sector may still face acute difficulties, such as lukewarm demand, financing woes and the floods-related disruption, Wu said, citing that the official PMI for small manufacturers dropped to 47.7 last month from 48.6 in July.