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Another contributing factor to the international success of BMW i cars are the innovative mobility services make driving an electric car much more pleasurable.
Ant Financial, from the Alibaba stable helmed by Jack Ma, leads the pack. It is followed by Luafx, a peer-to-peer lending platform powered by Ping An Insurance; Qufenqi, an online retailer that allows monthly installments; and JD Finance, a financial subsidiary of JD.com Inc, one of China's biggest online marketplaces.
Apart from that, real estate market in China stays strong and resilient amid the virus outbreak, with property investment in first five months only dropped 0.3 percent year-on-year, and has returned to basically the same level as last year.
Ant Financial, Alibaba's financial unit, has invested 2.06 billion yuan (1 million) in second-tier bike-rental player Hellobike, giving the latter a unicorn valuation of .47 billion.
Another major play NetEase reported a net revenue of 8.11 billion yuan in the third quarter, up by 23.5 percent year-on-year, according to tech.163.com, NetEase's online news portal.