Category: China

SoftBank has largely divested its ownership in e-commerce giant Alibaba Group Holding, marking the conclusion of one of the most successful deals in China's internet industry. (Photo: Kim Kyung-Hoon | Getty Images)
Estimated read time 2 min read
China Japan Technology

SoftBank Group’s historic divestment from Alibaba marks the end of an era

  • Post Date 01/26/2024

Japan’s SoftBank Group has made headlines with its recent announcement of a significant divestment from e-commerce giant Alibaba Group Holding, marking the conclusion of one [more…]

The AI agent feature in DingTalk is driven by Alibaba's Tongyi Qianwen large language model. (Photo: DingTalk)
Estimated read time 2 min read
China Technology

DingTalk enhances app with A.I. agent

  • Post Date 01/09/2024

Once upon a time in the bustling city of Hangzhou, China, the Alibaba Group Holding’s DingTalk team was hard at work on their latest update. [more…]

Acquiring 75% of Indonesia's largest e-commerce, TikTok will integrate its Indonesia business into the entity, following the closure of TikTok Shop due to the country's October ban on social media online shopping. (Photo: GoTo)
Estimated read time 2 min read
China Indonesia Technology

TikTok is making a billion-dollar strategic investment to restart into Indonesia’s e-commerce market

  • Post Date 12/11/2023

In a bold move to reignite its presence in Southeast Asia’s booming e-commerce landscape, China’s TikTok is set to invest a staggering $1.5 billion to [more…]

China - Huawei Technologies has inquired with Mercedes Benz and Volkswagen's Audi about their potential interest in acquiring minor ownership shares in its smart car software and components company. (Source: amanz.my)
Estimated read time 3 min read
China Germany Technology

Huawei seeks international allies in smart car venture, engages Mercedes and Audi in talks

  • Post Date 12/11/2023

Chinese tech giant Huawei Technologies is exploring potential partnerships beyond its home turf, initiating discussions with luxury car manufacturers Mercedes Benz and Volkswagen’s Audi to [more…]

TuSimple Holdings, an autonomous trucking company, plans to shut down its US operations and reduce its remaining workforce in the country by 75 percent. (Photo: TuSimple)
Estimated read time 3 min read
China Technology U.S.

Autonomous trucking TuSimple to wind down U.S. operations amid global restructuring

  • Post Date 12/06/2023

In a significant development, autonomous trucking company TuSimple Holdings has announced its decision to wind down operations in the United States, cutting 75 percent of [more…]

Horizon Robotics, a prominent designer of automotive chips, formalized its commitment to invest HK$3 billion (US$383 million) in the next five years through a memorandum of understanding signed with the Hong Kong Science and Technology Parks. (Photo: Horizon Robotics)
Estimated read time 3 min read
China Hong Kong Technology

Hong Kong’s rise as an advanced manufacturing hub to semiconductors, innovation, and economic diversification

  • Post Date 12/05/2023

In a bold move to reshape its economic landscape, Hong Kong is making significant strides in attracting major investments in advanced manufacturing, particularly in the [more…]