Alipay+ targets global expansion in Europe, Latin America, and Middle East
In a move to expand its global presence, Chinese fintech giant Ant Group is leveraging its digital offering, Alipay+, to connect mobile payment apps worldwide. [more…]
Category: China
Meituan to launch food-delivery platform in Riyadh, marking first overseas expansion
Meituan, the Chinese on-demand local services giant, is gearing up for its first international expansion, with plans to launch its food-delivery platform in Riyadh, Saudi [more…]
ByteDance mulls shutting down TikTok in U.S. instead of selling, sources say
ByteDance, the parent company of TikTok, is facing a tough decision in the United States. If the Chinese tech giant exhausts all legal avenues to [more…]
Apple boosts iPhone production in India, diversifies away from China
Technology giant Apple has reportedly manufactured a whopping $14 billion worth of iPhones in India during the last fiscal year. This significant production milestone marks [more…]
Hong Kong Web3 Festival wraps up with Bitcoin boom and ETF hopes
Hong Kong’s recent Web3 Festival buzzed with enthusiasm as industry leaders and enthusiasts gathered to discuss the future of cryptocurrencies, particularly bitcoin. The festival concluded [more…]
China’s top EV makers see surge in March deliveries despite intensifying competition
China’s electric vehicle (EV) market is charging ahead, with Li Auto, Nio, and Xpeng leading the pack. In March, these top three premium EV manufacturers [more…]
Ant Group’s Alipay+ set for major global expansion
Ant Group, the Chinese financial technology giant, is gearing up for a substantial expansion of its cross-border mobile payment service Alipay+. The company’s international arm, [more…]
Alibaba abandons Cainiao IPO plans, offers $3.75 billion to buy remaining stake
Alibaba Group, in a surprising move, has decided to shelve the initial public offering (IPO) plans for its logistics arm, Cainiao, and instead is offering [more…]
Vietnam targets semiconductor growth with Lam Research partnership
In a strategic move to bolster its semiconductor industry, Vietnam has welcomed Lam Research, a U.S. chip equipment maker, with open arms. The company’s Group [more…]
Hong Kong’s ambitions soar with major investments towards global tech hub status
In a significant boost to Hong Kong’s aspirations as a global technology and research hub, two major announcements have ignited fresh optimism. Hong Kong and [more…]