Estimated read time 2 min read

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

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…]

Estimated read time 3 min read

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

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…]

Estimated read time 3 min read

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

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…]

Estimated read time 3 min read

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

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…]

Estimated read time 3 min read

Didi blames service disruption on software failure; Alibaba Cloud faces second outage in November

In a recent development, Didi Chuxing, often referred to as China’s Uber, has attributed the breakdown of its ride-hailing service in major cities like Beijing, [more…]

Estimated read time 3 min read

Chinese payments giant seizes opportune timing for exit as Zomato shares surge over 90% this year

In a strategic move, Chinese payments group Alipay, a subsidiary of Ant Group, is set to sell its 3.4% stake in Indian food delivery giant [more…]