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Mitsubishi UFJ Financial Group Inc is investing more than US$700mil (RM2.93bil) in South-East Asian ride-hailing giant Grab. It’s a three-way deal in which everyone gets what they currently lack.
China’s highest-flying technology startups are struggling to stay afloat after the coronavirus outbreak threatened to paralyse critical venture capital funding.
How you put yourself out there and the feelings you present are typically what you’ll get back.
One of the Middle East’s largest venture capital funds hired Ivan Jakovljevic from Google Inc to help transform its portfolio of start-ups into so-called unicorns.
DAVOS (The Straits Times/ANN): At a time when globalisation is under pressure around the world, Singapore has to continue to bet on countries cooperating closely with one another, Prime Minister Lee Hsien Loong said on Wednesday (Jan 22).
HONG KONG/BEIJING (Reuters) - Ant Financial shares are being offered privately at levels which value the Chinese financial giant at US$200bil, two people with knowledge of the discussions said, lifting it up the ranks of the most valuable unlisted companies.
When Salesforce.com Inc emerged two decades ago, it lashed out at the software establishment: large companies that allegedly locked clients into dated products. Now, a coalition of newer rivals have extended that criticism to the cloud applications pioneer.
CHENGDU: Southwest China's Sichuan Province plans to build four industrial parks for boosting international and regional cooperation by 2023, according to the local government.
AN inflow of new players is likely to intensify the heated digitalisation race in South Korea’s financial industry this year, along with the industry-wide efforts to expand the scope of business and accelerate innovation.
BEIJING: Beijing made significant progress in 2019 in building the city into a national innovation centre. The city issued 30 policy measures last year to advance institutional reform in R&D management and improve the innovation ecosystem.