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…]
Category: Hong Kong
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…]
Lenovo drives A.I. innovation in Hong Kong with bold strategies and investments
Lenovo, known for its cutting-edge technology, is diving headfirst into the world of artificial intelligence (AI) in Hong Kong. According to a recent survey by [more…]
Federal judge approves Binance’s $4.3 billion plea deal with U.S. DOJ
In a turn of events, a federal judge has given the green light to Binance’s eye-popping $4.3 billion plea deal with the U.S. Department of [more…]
Xiaomi unveils photography powerhouse – the Xiaomi 14 Ultra
Xiaomi is stepping up its game in the smartphone arena with the launch of its latest flagship, the Xiaomi 14 Ultra. This new addition to [more…]
First Pacific’s PLDT unveils premium gigabit fiber internet plans to high-end Philippine customers
In a bid to meet the surging demand for faster internet speeds, PLDT Inc. has announced the launch of its Gigabit Fiber plans, catering to [more…]
Westwell empowers global expansion with Hong Kong expansion
In a strategic move poised to catapult its global presence, Chinese AI logistics giant Westwell has officially opened its international headquarters in Hong Kong. The [more…]
Brilliant Labs, a Singapore-based company, is ushering in the future with its Frame smart glasses
Brilliant Labs, a start-up, is breaking ground in the world of smart eyewear with its latest innovation: the Frame smart glasses. As tech companies worldwide [more…]
Clearbot to launch bigger solar-powered boats for cleaning polluted waters
Clearbot, a marine tech start-up based in Hong Kong, is gearing up to introduce a new generation of larger solar-powered autonomous boats to enhance its [more…]
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…]