Why was Elon Musk really in China?
Elon Musk’s trip to China last week was intense and probably fruitful - such that the Financial Times quips “In just two days this...
We went to Shanghai auto show, and saw a red ocean...
The competition will spill over outside China.
Last week, my colleague and I visited the Shanghai Auto Show, at the vast National Exhibition and Convention...
Why would Carsome and Foodpanda expand headquarters amid a tech downturn?
If you read recent news about the tech industry, all is gloom and layoffs are the norm. While tech talent has been worrying about...
Why Carousell has to acquire 99.co
Carousell’s potential acquisition of 99.co will increase its valuation to a whopping $1.5 billion dollars.
Word on the street is that Carousell, the most valued...
Carsome raised $290 million Series E – what are the prospects...
This article was originally published in Chinese on Momentum Works’s WeChat platform, translated into English by the Momentum Works team.
Last week, Malaysia-based used car...
Our thoughts on Carsome’s acquisition of iCar Asia
This article originally appeared in Chinese on Momentum Works’s WeChat account. Translated into English by the Momentum Works team.
Carsome recently announced its US$200 million...
Will traditional car manufacturers ever be able to catch up with...
Since Tesla’s stock price went through a meteoric rise in 2020, the debate of whether it is over valued, or whether it has a...
Didi is a formidable company, just unfortunate to be born in...
Strong competition all around, preventing it from expanding beyond mobility
