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Chinese tech giant Tencent Holdings said it will step up its investment overseas and in industries such as smart retail, having already invested in more than 800 companies.
Alibaba’s promise to the Olympic family is to bring its technological might to help organizers, broadcasters and fans.
China’s Internet companies invest billions in virtual red packets for Lunar New Year as they vie for more traffic
Last year’s CCTV’s Spring Festival Gala attracted more than 1.1 billion viewers.
Singapore is opening up its banking industry to digital lenders in a reform that could shake up the sector across South-East Asia, with Chinese billionaire Jack Ma and ride-hailer Grab among those seeking licences.
E-commerce giants such as Alibaba and Pinduoduo are increasing efforts to help rural farmers and merchants sell their products online. China has made eradicating poverty an important goal to be achieved by the end of 2020.
The 29-year-old’s depiction of a rural idyll in Sichuan has won her millions of followers internationally and at home. But her company said a viral post about her income had overstated the total. Li makes money through advertising revenue and selling food products.
The tie-up will leverage Alibaba’s Banma Network Technology platform to build a new intelligent connected vehicle operating system.
Facebook Inc is setting up a new engineering team in Singapore to focus on its lucrative China advertising business, according to three people familiar with the effort, even as chief executive Mark Zuckerberg ramps up criticism of a country that blocks the social network.
Tencent Holdings Ltd and China UnionPay Co will soon unify the mobile codes that consumers scan to pay for purchases, granting the Chinese central bank-backed network a bigger foothold in a US$27tril (RM110.74tril) payments arena.