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Mytheresa says it has filed for IPO
NEW YORK: The parent company of Mytheresa Group GmbH, the luxury online retailer specialising in women’s clothing, said it has filed confidentially for a United States initial public offering (IPO).
Bird’s nests among popular M’sian items in China
Bird’s nests, instant coffee and latex mattresses were among the top three Malaysian consumer goods exported to China during the Nov 11 Singles’ Day sale, reports Sin Chew Daily.
U.S.-listed Chinese firms trade mostly higher
NEW YORK, Nov. 24 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Tuesday, with eight of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.
The latest unicorn startup is a used car website in India
India’s mass transit systems, unreliable even before the coronavirus pandemic, were shut off completely when the country locked down. As a result, Indians rushed to find alternative transportation, and that often meant used cars.
China’s ‘wild era’ of Internet may be ending as new personal data protection law seeks to curb Big Tech’s control over user data
The draft version of the new law significantly increases penalties for companies responsible for data breaches, proposing fines of up to US$7.6mil. Given the huge size of the Chinese big data market, some believe the penalties under the new law are light and that it has some shortcomings.
Hong Kong, Singapore office REITs live on in post-virus world
HONG KONG (Bloomberg): The office may never reach its past heights in the post-pandemic world but the outlook for Singapore and Hong Kong offices is promising.
SAIC Motor, an early adopter of the smart car, sets up US$1bil fund to invest in Internet-linked vehicles with Alibaba
SAIC Motor would invest 5.4bil yuan to create the 7.2bil yuan fund with Shanghai Zhangjiang Hi-tech Park Development, according to an exchange filing. Hengxu Capital will separately contribute less than 0.1 per cent of the fund’s capital to invest in smart electric vehicle technologies.
Asia’s office REITs prove resilient in Hong Kong and Singapore
SINGAPORE: The office may never reach its past heights in the post-pandemic world but the outlook for Singapore and Hong Kong offices is promising.
JD unveils first phase of Xiongan smart city operating system for Xi Jinping’s city of the future
HONG KONG, Nov 29 (SCMP): JD Digits, the e-commerce giant’s big data arm, is building up a smart city operating system that uses artificial intelligenceAlibaba, Tencent and Baidu all have their own plans for Xiongan, a smart city project personally backed by Chinese President Xi Jinping
JD unveils first phase of Xiongan smart city operating system for Xi Jinping’s city of the future
JD Digits, the e-commerce giant’s big data arm, is building up a smart city operating system that uses artificial intelligence. Alibaba, Tencent and Baidu all have their own plans for Xiongan, a smart city project personally backed by Chinese President Xi Jinping.
