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Bitcoin volatility rocks China’s graphics card market, pushing vendors to demand same-day purchases of dwindling supply
Demand for GPUs is surging amid a global chip shortage, with prices in Huaqiangbei, the world’s largest electronics market, changing along with bitcoin. GPUs, typically made for gamers, are useful for cryptocurrency mining, but the high energy consumption is frustrating China’s energy-saving push.
The State Administration for Market Regulation accuses tech giants involved in community group buying of price dumping in a bid to dominate the market. The latest crackdown on Big Tech comes ahead of Beijing’s key political meeting known as the ‘two sessions’.
WARSAW (Reuters) - As Amazon sets its sights on central and eastern Europe, the e-commerce giant will need to convince long-time Allegro shoppers like Elzbieta Modrakowska to click away from the region's leading online marketplace.
China called on its technology giants to share key data, dealing a further blow to the companies already reeling from heightened antitrust scrutiny.
Beijing also plans to further strengthen regulation of fintech, financial holding companiesFintech firms have been a major lending source to small businesses in China
New York offers a considerable valuation premium
KUALA LUMPUR (Bernama) -- AirAsia Group Bhd’s strength in big data makes it an attractive investment portfolio, despite the challenges the aviation industry is facing now, and there are possibilities to increase the stake in the future, said Dr Stanley Choi Chiu Fai who emerged as a substantial shareholder in the company.
Digital tools launched in a Japanese smart city that can send disaster alerts to safeguard residents are part of an optional technology push aiming to overcome social and economic challenges, while also allaying privacy fears.
E-commerce leader Coupang going public this week
Alibaba joins Pinduoduo, Meituan, Didi Chuxing, JD.com and other Internet giants in investing in China’s latest online shopping trend. The e-commerce giant’s community group buying business is hiring for dozens of positions.