Thailand's JD Central plans to expand infrastructure and technology to support sellers after the coronavirus pandemic has boosted sales at the e-commerce platform, its chief executive said on Wednesday.
Chinese tech giant Baidu is in talks with investors to raise up to $2 billion over three years for a biotech startup, which will use AI technology to discover new drugs and diagnose diseases, a person with direct knowledge of the matter said.
What happened
Shares of Alibaba (NYSE: BABA) rose 14.4% in August 2020, according to data from S&P Global Market Intelligence. The Chinese e-commerce giant was off to a rough start due to American government actions against Chinese companies, but that damage was forgotten wh
Singapore state investor Temasek Holdings said on Tuesday that the global economic outlook remained volatile, with the coronavirus crisis and geopolitical tensions creating significant uncertainties in the near term.
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct knowledge of the matter said.
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are testing the boundaries with Beijing.
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are testing the boundaries with Beijing.
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct knowledge of the matter said.
There are plenty of reasons to avoid Chinese stocks right now: The Chinese economy remains sluggish, the trade war remains unresolved, and a recently passed Senate bill could boot Chinese companies from U.S. exchanges if they don't comply with tighter regulations.
China's largest brokerage CITIC Securities is set to get an underwriter's role for the Shanghai tranche of financial technology firm Ant Group's up to $30 billion dual-listing, four people with knowledge of the matter said.
China's largest brokerage CITIC Securities is set to get an underwriter's role for the Shanghai tranche of financial technology firm Ant Group's up to $30 billion dual-listing, four people with knowledge of the matter said.
Wealth managers in Asia are preparing to lend more to their clients and help them raise cash by selling investments to ensure they can get their hands on shares in Chinese fintech giant Ant Group's up to $30 billion IPO, bankers said.
India on Wednesday banned another 118 mobile apps including Tencent Holdings's popular videogame PUBG, as it stepped up the pressure on Chinese technology companies following a standoff with Beijing at the border.
India has banned another 118 mostly Chinese mobile apps including Tencent Holdings Ltd's popular videogame PUBG, citing data security concerns, according to a government statement on Wednesday.
Chinese e-commerce giant Alibaba Group (NYSE: BABA) is on a roll. The company is crushing Wall Street's expectations in the COVID-19 lockdown era, and share prices have soared 64% higher in the last 52 weeks. Is it too late to jump aboard Alibaba's skyrocketing bandwagon or is t
China's Ant Group plans to raise more funds on Shanghai's Nasdaq-style market than in Hong Kong as part of its up to $30 billion dual listing, people with direct knowledge of the matter said, in a major endorsement of the year-old mainland exchange.
Amazon.com Inc has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty programme in a battleground growth market.