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Mexico's new leftist government is betting on financial technology to help lift people out of poverty.
KUALA LUMPUR: Uncertainties worldwide will be the new norm as businesses adjust into 2019, and as far as the Employees Provident Fund (EPF) is concerned, it is not a time for it to be “too adventurous.”
A Chinese government propaganda app that recently became a huge hit was developed by Alibaba, two people at the company said, at a time when the nation's tech firms are under global scrutiny over their ties to Beijing.
Alibaba has bought an 8% stake in Chinese online video sharing and entertainment service Bilibili for an undisclosed amount, state news agency Xinhua reported.
NEW YORK: Prominent hedge fund managers sold out of Chinese technology stocks and dumped Silicon Valley giants like Apple Inc and Facebook Inc while global stock markets cratered during the fourth quarter, according to securities filings released on Thursday.
Walmart Inc is big in almost every way – 4,755 stores, 1.5 million employees and US$380bil in revenue in the US alone. But one part of the world’s largest retailer remains minuscule.
Outbound travellers from China’s lower-tier cities also made more purchases than those from top-tier cities.
SHANGHAI (AFP): More than 820 million electronic “red packets” were sent over China’s Lunar New Year holiday, leading social media platform WeChat said, as the centuries-old practice of exchanging monetary gifts increasingly goes digital.
More than 820 million electronic “red packets” were sent over China’s Lunar New Year holiday, leading social media platform WeChat said, as the centuries-old practice of exchanging monetary gifts increasingly goes digital.
Chinese visitors spent US$149bil, the slowest growth since 2011