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TECH 31 May 2018 | 6:30 AM

Airbnb founders go it alone in China after refusing buyout offer

Airbnb Inc’s founders were moments away from merging their China business with local competitor Tujia in January 2017. Executives and investors spent hours hashing out a deal. Preliminary term sheets were drawn up. Then in the final hour of negotiations, Airbnb pulled out.

TECH 30 May 2018 | 8:59 AM

Your Chinese takeaway is ready to be delivered by drone, one of China’s leading online food delivery platforms, has been given the green light by authorities to operate in the country’s initial delivery routes for drones.

Business News 28 May 2018 | 12:00 AM

China’s taste for online food delivery grows

ZHOU Huan, a 25-year-old worker from Beijing, said the ringing of her doorbell makes her particularly happy these days. Three times a day; it means meals are being delivered to the gate of her apartment.

Markets 15 May 2018 | 12:29 AM Premium

Soft Chinese tech IPOs test next wave of listings

Lackluster returns could affect the timing and valuation of the many firms angling to list shares

TECH 10 May 2018 | 10:52 AM

China’s Didi apologises after killing of passenger compounds safety fears

China's biggest ride-sharing company apologised on May 10 over the killing of a passenger, apparently by her driver, and said it had to win back the trust of users after the "tragedy".

Corporate News 04 May 2018 | 3:30 AM

Ping An Healthcare opens up 4.6pct in Hong Kong debut

HONG KONG: Ping An Healthcare and Technology Co Ltd shares opened up 4.6 percent on their market debut in Hong Kong on Friday, as investors jostled for a piece of the fast-growing business.

Business 04 May 2018 | 12:00 AM

Tencent-backed Internet giant probes massive user-data leak

HONG KONG: Meituan Dianping, the Internet giant backed by China’s most valuable tech corporation, has begun investigating reports of a data breach that exposed the private information of tens of thousands of users.

Markets 02 May 2018 | 12:46 AM Premium

China’s biggest tech unicorns stampede to go public

At least a dozen firms, many tied to the country’s internet-consumer economy, have been in talks about IPOs

Business 26 Apr 2018 | 12:00 AM

China fund raises US$500mil to snap up cheaper AI startups

BEIJING: Google’s former Chinese chief just raised US$500mil to invest in the country’s artificial intelligence (AI) startups. But first, he needs their valuations to come back down to earth.

TECH 24 Apr 2018 | 4:28 AM

China’s Didi Chuxing launches ride service in Mexico

Chinese ride-hailing firm Didi Chuxing began offering its service in the Mexican city of Toluca, the company said, setting up a potentially costly battle with rival Uber Technologies Inc in a key Latin American market.