By Ben Glickman

FLJ Group said it would acquire insurance agency Alpha Mind for $180 million, or the equivalent in Chinese yuan. The Shanghai-based company said Alpha Mind recorded revenue of $44.9 million. Shares almost tripled to 29 cents in after-hours trading.

General Motors' driverless-car unit, Cruise, will eventually reintroduce its taxi service following safety incidents. The company plans to scale back future operations to one market in one city.

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

November 22, 2023 19:11 ET (00:11 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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