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Japanese virtual idol Hatsune Miku joins Taobao as a live streaming ambassador for upcoming 618 festival
Livestreaming e-commerce is becoming big business in China with celebrities, tech founders and news anchors all trying it out.
Gojek and Grab Holdings Inc have been battling it out for years in the brutal business of ride hailing and food delivery.
Baidu’s smart home ambitions gets boost via tie-up with Midea, one of China’s largest appliance makers
Baidu’s Xiaodu voice assistant and smart speakers will power voice recognition across Midea’s range of smart home appliances.
SYDNEY: Australian buy-now-pay-later (BNPL) company Zip Co Ltd said it will buy New York rival QuadPay Inc in an all-share deal that values the target at US$269mil, joining a rush of Australian companies to tap the world’s largest consumer market
HONG KONG is finally set to see its first billion-dollar plus listing in more than six months.
Although people have been turning to online services during the Covid-19 pandemic, China’s economy shrank 6.8% in first quarter. Some sectors such as online education, remote working and gaming, have seen a surge in their traffic during the health crisis.
NEW YORK: SoftBank Group Corp is exploring a sale of a minority stake in OSIsoft LLC that could be worth more than US$1.5bil, according to people familiar with the matter.
TikTok’s parent ByteDance Ltd generated more than US$17bil (RM74.08bil) in revenue and more than US$3bil (RM13.07bil) of net profit last year, figures that show the world’s most valuable startup is still growing at a brisk rate, according to people familiar with the matter.
THE Shanghai Stock Exchange is considering the first overhaul of its benchmark index in three decades so that it better reflects China’s increasingly high-tech economy, according to people familiar with the matter.
Meituan Dianping founder Wang Xing’s fortune has nearly doubled since his company emerged from the depths of China’s Covid-19 lockdown, cementing his place among a generation of the country’s most prominent tech entrepreneurs.