Full Truck Alliance Group, China's biggest app for Uber-like truck services, raised $1.9 billion in funding to fuel its expansion, people familiar with the matter said. The money was raised at a valuation of $6.5 billion with backers including SoftBank Vision Fund, China Reform Fund, GSR Ventures and
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In the 21st century, a country's gifted children are arguably a more valuable natural resource than, say, oil or gas. A new study shows that France is largely wasting this precious resource. The study is by Laurence Vaivre-Douret, a professor of neuropsychology at the University of Paris; it was presented
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Counting the beans correctly is essential to running a successful company efficiently, and any mistakes could land enterprises in big trouble. This makes accounting a vital function, and enterprise accounting software has become one of the more important pieces of the IT infrastructure at any
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So it may come as some surprise that Chinese bonds are the top performers so far this year, among 70 markets in the Bloomberg Barclays Global Aggregate + China index, calculated in dollars. Other measures show the gain for yuan government and corporate debt, at nearly 2 percent, is almost a mirror
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In a bid to bridge the lag in actual revenue accrual, the Finance Ministry will from this fiscal shift to cash basis accounting for the Goods and Services Tax (GST) where monthly collections will be reported on the first working day of the following month. Till now, monthly tax returns under GST, which has
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