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Ant Group gets the green light for mega IPO in Shanghai’s Star Market as China pulls out all stops to help tech champions raise funds
HONG KONG, Sept 20 (SCMP): Shanghai regulators are expediting Ant’s IPO hearing process to bring the fintech behemoth faster to marketAnt IPO may surpass Aramco’s US$29.4 billion IPO and become the world’s largest-ever fundraising
I confess that I have a box of face masks at my reception table where I keep my house and car keys. I will not leave my house without taking a face mask with me. On occasions when I forget, the backup supply found in my car and office bag does come in handy. I am not kiasu, I am kiasi
BEIJING: Bilateral trade between Malaysia and China recorded an increase despite the economic challenges brought by the Covid-19 pandemic.
HONG KONG (Reuters) - China's Ant Group has received approval from the Shanghai Stock Exchange for a domestic initial public offering, the bourse said on Friday, bringing the financial technology firm closer to a dual-listing expected to be worth up to US$30 billion.
Alphabet Inc's Google on Sept 18 removed the mobile app of SoftBank and Alibaba-backed Indian fintech firm Paytm from its Android store over violations of its gambling policy.
Cathay Pacific and Prenetics to launch London-Hong Kong digital health passport in October in bid to ease travel
Pilot project, which starts on the Hong Kong-London route, will allow travellers to show their negative Covid-19 test results on a mobile app before boarding.
Cloud computing was Alibaba’s second-biggest revenue contributor last quarter, with sales growing 59% to US$1.8bil. The computer packs enough power to cut the rendering time of one frame of high resolution animation from 90 minutes down to 10 minutes.
BEIJING: Alibaba Group Holding Ltd unveiled a smart manufacturing and digital solutions factory on Wednesday in Hangzhou, Zhejiang province, as part of its smart manufacturing initiatives.
HANGZHOU (Xinhua): Alibaba Cloud, the digital technologies and intelligence backbone of Alibaba Group, unveiled a series of innovative products at the 2020 Apsara Conference on Thursday (Sept 17), including its first cloud computer and a logistics robot for last-mile deliveries.
Alibaba launches logistics robot for last-mile deliveries to lower costs and as pandemic pushes automation
The robot can deliver as many as 500 packages a day to one designated community or campus