Yidu Tech Looks for Elixir With International Unit Stake Sale
Published on: Monday 26 December 2022
Key Takeaways: Yidu Tech is selling 20% of its international unit for $55 million, and will use the funds to ease its increasingly tight cash flow and for working capital The deal comes as the company cuts back its spending to focus on profitability rather than growth By Trevor Mo
News source: https://www.benzinga.com/22/12/30203060/yidu-tech-looks-for-elixir-with-international-unit-stake-sale
