Recent and archived articles by Shelly Banjo
China long celebrated Tencent Holdings Ltd as a national champion. Now, the tech giant is getting a taste of what it’s like to be on the other side of government patronage.
Google staff awoke on Aug 1 to surprising news: Their company is working on a search app tailored, and censored, for China. The project, kept secret from all but select teams and leaders, sparked a furious internal debate.
Airbnb Inc’s founders were moments away from merging their China business with local competitor Tujia in January 2017. Executives and investors spent hours hashing out a deal. Preliminary term sheets were drawn up. Then in the final hour of negotiations, Airbnb pulled out.
Eight years ago, before China’s Xiaomi Corp had sold a single smartphone, 56 of the earliest employees pulled together US$11mil (RM43.74mil) to invest in the startup. Rank-and-file workers dipped into savings and borrowed from parents. One receptionist tapped her dowry.
Raise your hand if dollar signs pop into your mind when thinking about China’s 1.4 billion consumers.
Alibaba Group Holding Ltd is buying full control of the startup Ele.me as it steps up efforts to expand in China’s fast-growing market for local delivery of food and other services.
In Indonesia’s Menoreh hills, villagers built a treetop adventure course in 2008 to lure thrill-seeking tourists. Instead, visitors are coming for the perfect Instagram shot.
Google officially closed its US$1.1bil (RM4.28bil) deal with HTC Corp, adding more than 2,000 smartphone specialists in Taiwan to help the search giant chase Apple Inc in the cutthroat premium handset market.
Google is deepening its push into China as it seeks an edge in one of technology’s most competitive fields: artificial intelligence.
HONG KONG: Lotte Group seemed to be getting back to business after a rough year of court battles, family feuds and strained relations with China.