Time Is Running Out for Unprofitable Chinese Startups
Time Is Running Out for Unprofitable Chinese Startups
https://images.wsj.net/im-44657/social
Time Is Running Out for Unprofitable Chinese Startups

.
SOURCE LINK BEST ONLINE NEWS WEBSITE https://www.beviral.online
Time Is Running Out for Unprofitable Chinese Startups

There is a joke in Silicon Valley that startups can have a booming business if they sell dollar bills for 90 cents—that is, until they run out of dollar bills. A bike-sharing crash in China shows the folly of taking such startups too seriously now that venture capital is drying up.
Ofo, one of China’s two leading bike-sharing companies, has run into cash-flow problems throughout the year, its founder, Dai Wei, admitted in a email to employees last week. Mr. Dai himself has been put on a government blacklist for unpaid bills,...
SOURCE LINK BEST ONLINE NEWS WEBSITE https://www.beviral.online
Comentarios
Publicar un comentario