Great Wall Motor has purchased a factory in Brazil from Daimler AG for an undisclosed price, the company announced on Wednesday.
Chinese automobile manufacturer Great Wall Motors is reportedly planning to shift portions of its $1 billion investment in India to Brazil, according to three sources cited by Reuters in a recent report.
China’s second-largest short video app Kuaishou is investing extensively in Brazil and Southeast Asia to expand its overseas market, aiming to increase its share amid competition with TikTok.
Following US sanctions against Huawei in September and the recent UK bans against installation of Huawei equipment in the country’s 5G network development
99, a Brazilian ride-sharing platform a subsidiary of Didi Chuxing (“DiDi”), today celebrated reaching 1 billion trips completed on its platform.
TCL Corp, a Chinese electronics company, has released a line of new products in Brazil as the company continues their global expansion.
Didi announced it purchased 99, Brazil’s largest ride-sharing company.