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Three companies – Amazon.com Inc, Microsoft Corp and Alphabet Inc – quietly dominate the world of cloud computing.
HONG KONG: China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to US$15bil listing in Hong Kong amid growing political unrest in the Asian financial hub, sources told Reuters.
HONG KONG/NEW YORK: China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to US$15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters.
Report says China’s techno-utilitarian culture is more willing to adopt AI if it provides a broader social good.
Online search giant aims to support expansion initiatives of Chinese companies in South-East Asia.
HONG KONG: Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd on the timing of its planned US$15bil listing in the city, with sources saying China’s biggest e-commerce company is now considering several timetables.
Segway-Ninebot Group, a Beijing-based electric scooter maker, on Aug 16 unveiled a scooter that can return itself to charging stations without a driver, a potential boon for the burgeoning scooter-sharing industry.
HONG KONG: Chinese e-commerce giant Alibaba is weighing a delay to its listing on the Hong Kong Stock Exchange, previously expected to take place in September, the New York Post reported on Thursday.
The playing field in India’s rapidly expanding market for digital payments is poised to get more crowded as the country races to catch up with China in squeezing out the use of cash, according to the head of the South Asian nation’s payments network.
NEW YORK: Alibaba Group Holding Ltd. Executive Vice Chairman Joe Tsai is paying about $3.5 billion for the Brooklyn Nets and their arena, the Barclays Center, according to a person familiar with the deal.