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SoftBank Group Corp’s Masayoshi Son is stepping up pressure on Grab Holdings Inc co-founder Anthony Tan to work out a ceasefire with archrival Gojek, according to people familiar with the matter.
Covid-19 has driven a projected 10 million more Russian consumers online, accelerating the race to become the country’s answer to Amazon.com Inc.
Alibaba’s move to take control of hypermarket operator Sun Art is expected to push forward its ‘new retail’ strategy in China. The stakes are high for Alibaba amid predictions that China will soon edge out the United States as the world’s largest retail market.
Social media platforms with e-commerce functions should be held to the same regulations as e-commerce platforms, according to a new draft regulation. Livestreaming e-commerce is the fastest-growing area of China’s internet amid the pandemic, but its popularity is also attracting more regulatory scrutiny.
Patreon Inc is known as a place where podcasters and other Internet creators go to make money through subscriptions. But on Oct 22, it became the latest social media company to address the growing presence of the conspiracy group QAnon.
Google and Temasek Holdings Pte have agreed to invest about US$350mil (RM1.45bil) in PT Tokopedia, people familiar with the matter said, a major cash infusion that will bankroll the Indonesian online mall’s post-Covid-19 expansion.
China's top cyber authority said on Oct 26 that it would carry out a "rectification" of Chinese mobile Internet browsers to address what it called social concerns over the "chaos" of information being published online.
Chinese autonomous vehicle startup AutoX, backed by Alibaba Group Holding Ltd, said it is preparing for tests in four more cities and will soon test its technology with FCA'S Pacifica minivan.
Cyberattackers have stolen the personal details of million users of top Indian Internet grocer Bigbasket, the latest e-commerce data breach to emerge as home-bound consumers flock online.
China on Nov 10 laid out detailed regulations for the first time to root out monopolistic practices in the Internet industry, as Beijing seeks to curtail the growing dominance of corporations like Alibaba Group Holding Ltd and Tencent Holdings Ltd.