According to the Financial Times, GitHub is considering setting up a subsidiary in China due to concerns about restrictions from the US government.
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GitHub is considering opening subsidiaries in China, but Chinese companies are looking for ways to get rid of them
According to the Financial Times, GitHub is considering setting up a subsidiary in China due to concerns about the restrictions of the US government. This will be done in stages: first set up a wholly-owned subsidiary, and then may explore the possibility of joint ventures, hosting GitHub content in China.
GitHub is a hosting platform for open source and private software projects. In addition to free services, there are also paid services for individual developers and enterprise customers. GitHub Enterprise, a paid service for enterprises, is an important source of revenue. The Economist revealed that GitHub recently stated that the paid service GitHub Enterprise has passed a Chinese government standard called GB18030, which is ready for opening services in China.
A report released by GitHub in November this year shows that China is the fastest growing country to use open source code outside the United States. For GitHub, China is an emerging market that cannot be lost. However, according to GitHub’s statement, GitHub.com and GitHub Enterprise services, as well as information on these two platforms, are subject to export control, which means that …
Editor’s comment: In GitHub’s view, China is a market that cannot be lost, but Chinese companies are looking for ways to get rid of these platforms. For this …
EHang becomes “the first share of drones”, and the core business changes every year is a problem
On December 12, EHang was listed on the NASDAQ and issued 3.2 million ADSs at an issue price of US $ 12.5 and raised US $ 46 million. At the close of the first day, Ehang’s share price fell slightly by 0.08% and its market value reached 662 million US dollars.
The prospectus shows that EHang is currently mainly engaged in urban air traffic, smart city management and aviation media. Urban air traffic refers to manned aerial vehicles and commercial logistics drones; aerial media uses drone formations for performances and brand propaganda; smart city management is the deployment of drones to perform fire protection, environmental monitoring, and traffic management tasks. In the first nine months of this year, the contribution ratios of these three businesses to the total revenue of EHang were: 76.2%, 26.1%, and 0.2%.
Ehang has been in business for 5 years and its main business isBusiness has changed several times. Before 2017, Ehang mainly produced consumer-grade drones, but due to DJI’s dominance in this field, Ehang started to switch to … from the end of 2016.
Editor’s comment: Although the prospects for logistics drones and manned aircraft are good, from the perspective of feasibility and effect experience, it currently takes time to verify. Also …
This article comes from the paid section “Daily Business Collection”-December 13 Day
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