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Latest News on Subsidiary

Tesla to expand more aggressively in India; sets up new subsidiary company

India presents a huge market for Tesla, with lesser restrictions compared to China.

Rajitha ReddyJan 13, 2021

Investors left in the lurch as investment platform CoAssets runs into trouble

THE Monetary Authority of Singapore (MAS) will review and take necessary action if CoAssets' licensed subsidiary - now known as CA Funding - has breached regulations. Read more at The Business Times.

BUSINESSTIMES.COM.SGJan 03, 2021

China fines Alibaba, Tencent’s e-book subsidiary over anti-trust violations – TechCrunch

The Chinese government is moving to curb the power of some of China’s most influential internet companies. The country’s top market regulator announced Monday that it is fining Alibaba and China Literature, Tencent’s e-book spinoff, for failing to report their past acquisition deals for clearance. The cases involve Alibaba’s equity investments in major Chinese mall […]

TECHCRUNCH.COMDec 14, 2020

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