Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Annabelle Droulers recounts her interviews with China-focused VC managers and what they’re looking for in the latter half of this year.
Xiaomi takes on Tesla: Xiaomi is launchinga $35,000 sport utility vehicle, the YU7, to compete with Tesla’s popular Model Y. The company’s shares jumped on Friday after a strong number of early orders.
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