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(Reuters) - Alibaba Group Holding's founder Jack Ma is fine and "lying low right now", the Chinese e-commerce giant's Executive Vice Chairman Joe Tsai said in an interview with CNBC on Tuesday.
FRANKFURT: Shares in the online fashion retailer About You AG have been priced at 23 euros apiece for its planned stock market listing, valuing the German trading group at 3.92 billion euros ($4.75 billion), it said on Monday.
Beijing’s blockchain supremacy plan gives shot in arm to start-ups, although dampers remain on bitcoin
China’s MIIT and CAC published a plan this week to create an “advanced blockchain industrial system”Blockchain is being used in China in a wide variety of fields, such as smart city and government initiatives
US-China Tech war: TikToK, WeChat remain in Washington’s crosshairs after Biden revokes Trump’s orders
Joe Biden’s new executive order directed the US Commerce Department to assess, in the following six months, any apps associated with foreign adversariesThe department will provide recommendations of actions needed to address the risks found at the end of the assessment
The new data law is expected to provide a broad framework for future rules on Internet services, and to ring-fence, prise open and ease tracking of valuable data in the interests of national security.
CHINESE ride-hailing company Didi revealed a $1.6 billion (RM6.59bil) net loss for 2020 as it moves ahead with plans for a U.S. initial public offering.
NEW YORK: Didi Chuxing, China's biggest ride-hailing firm, on Thursday made public its filing for a U.S. stock market listing, setting the stage for what is expected to be the world's biggest initial public offering this year.
(Reuters) -Chinese ride-hailing firm Didi Chuxing on Thursday made public its filing for a U.S. stock market listing, setting the stage for what is expected to be one of the world's biggest initial public offerings this year.
HONG KONG: Alibaba Group Holding Ltd’s cloud division has pledged US$1bil (RM4.1bil) to support startups in Asia, marking one of its largest outlays since the tech giant pledged to boost spending and move past a bruising antitrust investigation at home.
BEIJING: In 2018, Zhang Wenzhong was cleared by China’s top court of financial misconduct charges after earlier spending more than half a decade in prison.