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Uber Technologies Inc has closed a new round of funding that values the online taxi-hailing company at nearly US$51bil (RM196.57bil), the Wall Street Journal reported, citing people familiar with the matter.
Amazon.com Inc's Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other US retail companies, rivalling the Thanksgiving holiday's Black Friday as a driver of sales.
Just over 20,000 people were granted the stock award on July 19, which included full-time staff and outsourcing service teams
When Google pulled out of the China market in 2010, it left local leader Baidu Inc a de facto monopoly in the lucrative internet search business. Now that franchise is facing its most ominous threat yet.
Didi sets up independent autonomous driving unit as it follows Google’s example, betting on driverless future
Established in 2016, the ride-hailing giant’s autonomous driving team has grown to over 200 staff, all of whom are based in China and the US.
Report says China’s techno-utilitarian culture is more willing to adopt AI if it provides a broader social good.
Chinese microblogging website Weibo Corp has taken down an Instagram-like app just three days after its launch and apologised following accusations of plagiarism about the app's logo, in a stumble for efforts to find new sources of growth.
The investment extends an existing partnership between the two companies to develop smart city infrastructure.
Amazon.com Inc has launched a bigger local store and marketplace in Singapore, expanding its product selection and intensifying competition with rivals such as Alibaba Group Holding Ltd's Lazada and Sea Ltd's Shopee.
The 2019 FIS Retail Global Payments Report shows Hongkongers spend the least in online retail shopping at 4% of overall purchases. China continues to lead the world in digital wallet adoption and online shopping.