Ecommerce behemoth Alibaba and Foxconn — the company that manufactured most of the smartphones you’ve ever owned, have led a 2.2 billion yuan ($347.74 million) funding round in Chinese Electric Car maker Xiaopeng Motors, according to an Alibaba press release. Other investors in Xiaopeng include Morningside Venture Capital, Yuri Milner, and GGV Capital (disclosure: SupChina partners […]
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