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LEVERAGING THE CLOUD ADVANTAGE FOR GROWTH
IT has been more than a month since the widely anticipated Singles’ Day passed, but its success - evident in its phenomenal growth year-on-year - demonstrates the undeniably rapid acceleration of technology adoption worldwide, with the hero being the technology that underpins e-commerce platforms: cloud computing.
LEVERAGING THE CLOUD ADVANTAGE FOR GROWTH
IT has been more than a month since the widely anticipated Singles’ Day passed, but its success - evident in its phenomenal growth year-on-year - demonstrates the undeniably rapid acceleration of technology adoption worldwide, with the hero being the technology that underpins e-commerce platforms: cloud computing.
SoftBank’s Son poised for another IPO windfall
Tech conglomerate to take six portfolio companies public
Nikkei hits 30-year high, financials boost Topix
TOKYO: Japanese shares rose to multi-year highs on Thursday, powered by financials as U.S. bond yields climbed on hopes of larger debt-financed stimulus following a Democrat sweep in two Senate runoffs in Georgia.
Alibaba plans US$5bil bond this month amid regulatory scrutiny
HONG KONG: China's Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a U.S. dollar-denominated bond this month, four people with knowledge of the matter said, amid regulatory scrutiny of co-founder Jack Ma's empire.
Alibaba plans to raise at least US$5b via dollar bond this month
HONG KONG: Chinese e-commerce leader Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a U.S. dollar-denominated bond this month, four people with direct knowledge of the matter said.
Winners and losers in Japan’s 2020 stock market
TOKYO: More time at home, reduced mobility and billionaire Masayoshi Son helped drive stocks in Japan in 2020, as the coronavirus pandemic became the dominating force separating winners from losers.
China's blue-chip, start-up indexes hit over five-year high on growth hopes
SHANGHAI: China's blue-chip index and start-up board ChiNext both hit their highest in more than five years on Wednesday, as Asian stocks hit a record on hopes of a strong economic recovery next year.
China pushes Ant Group overhaul in latest crackdown on Ma
BEIJING: China's central bank disclosed on Sunday it had asked the country's payments giant Ant Group Co Ltd to shake up its lending and other consumer finance operations, the latest blow to its billionaire founder and controlling shareholder Jack Ma.
Alibaba under probe, Ant Group to talk to financial watchdogs
BEIJING: Acting on information, China’s state administration for market regulation has started investigation on Alibaba Group for alleged monopoly conduct including implementing an “exclusive dealing agreement.”
