Chinese Baidu Gets Nod for Fully Driverless Vehicle Tests

Chinese Baidu Gets Nod for Fully Driverless Vehicle Tests

Online search engine giant Baidu Inc has received permission from transport authorities in Beijing to conduct road tests for five fully driverless vehicles, marking...
China’s Digital Yuan Is Tested for Online Shopping, as JD.Com Joins Trial in Suzhou

China’s Digital Yuan Is Tested for Online Shopping, as JD.Com Joins...

Chinese e-commerce giant JD.com has joined the latest trial of the digital yuan, the electronic currency developed by the People’s Bank of China, the...
Grab, Sea And Ant Group amongst 4 Selected for Singapore Digital Banking Licenses

Grab, Sea And Ant Group amongst 4 Selected for Singapore Digital...

The Monetary Authority of Singapore (MAS) has announced it will award two digital full bank (DFB) licenses to a consortium comprising Grab and national...
Eisai And JD.com to Launch Online Dementia Service in China

Eisai And JD.com to Launch Online Dementia Service in China

Japanese pharmaceutical company Eisai will set up a joint venture with Chinese e-commerce group JD.com to launch an online medical services business focusing on...
China’s Ant Considers Paytm Stake Sale amid Tensions with India

China’s Ant Considers Paytm Stake Sale amid Tensions with India

Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between the two Asian neighbours...
China JD.com to Launch Unified Grocery Group-Buying Service

China JD.com to Launch Unified Grocery Group-Buying Service

Chinese e-commerce giant JD.com is to unveil a neighbourhood group buying brand called JD Youxuan, to enlarge its presence in the red-hot sector, 36Kr...
ByteDance And Kuaishou Venture into China’s Red-Hot Group-Buying Sector

ByteDance And Kuaishou Venture into China’s Red-Hot Group-Buying Sector

Two of the major short video and livestreaming platforms, ByteDance and Kuaishou, are preparing an entry into the grocery group-buying sector, Chinese media outlet...
Mumbai-Based Vegan Beauty Brand Plum Raises  Mn to Scale Distribution, Boost Tech

Mumbai-Based Vegan Beauty Brand Plum Raises $15 Mn to Scale Distribution,...

Mumbai-based Pureplay Skin Sciences India, which operates vegan beauty products brand Plum, has raised Rs 110 crore (about $14.9 million as per current exchange...
India NPCI Expands Shareholder Base, Raises Rs 81.64 Crore from 19 Entities

India NPCI Expands Shareholder Base, Raises Rs 81.64 Crore from 19...

As independent consortiums gear up to launch their own pan-India retail payment networks, National Payments Corporation of India (NPCI), the player which currently dominates...
Chinese Xiaomi’s Global Smartphone Sales Surge

Chinese Xiaomi’s Global Smartphone Sales Surge

Beijing-based consumer electronics and smartphone giant Xiaomi (HKEX: 1810) generated a record RMB 72.2 billion (USD 10.9 billion) in revenue during the third quarter,...
Chinese Chang’e 5 Sets Out to Collect Moon Samples in Landmark Mission

Chinese Chang’e 5 Sets Out to Collect Moon Samples in Landmark...

China launched a large robotic spacecraft early Tuesday morning at the Wenchang Space Launch Center in South China's Hainan province, tasking it with landing...