Vivendi in talks to sell 10% of Universal Music Group to...
Vivendi is in talks to sell a 10 percent stake in its prized and lucrative Universal Music Group (UMG) to Chinese tech group Tencent...
Enlight Media: Net Profit in Q3 Stood at¥1 billion, a Year-on-Year...
According to the Q3 performance report of Enlight Media, its net profit in the first three quarters of 2019 reached ¥1.109 billion, a year-on-year...
Tencent Cloud Wins Bid for Digital Transformation Contract from Shenzhen Airport
Tencent Cloud has won a bid for digital transformation contract from Shenzhen airport, the deal is worth CNY62.4 million.
Under the terms of the contract,...
Chinese Alibaba Opens Its Conversational AI Tech, Expanding Its Use Beyond...
Chinese e-commerce giant Alibaba (NYSE: BABA) plans to fully open its conversation artificial intelligence (AI) to other companies, especially those in the smartphone and...
Singapore’s Competition Watchdog Lifts Restrictions on Grab
The Competition and Consumer Commission of Singapore (CCCS) on Friday officially lifted restrictions on ride-hailing platform Grab, allowing the company to change pricing policies...
Boon for Hong Kong as Alibaba plans $15 billion listing in...
Chinese retail titan Alibaba (BABA.N) plans to list in Hong Kong in the final week of November, two people with direct knowledge said, aiming...
Indian National Payments Corp to Take UPI, Rupay Global Through New...
Following through with its plans to expand into international markets, the National Payments Corporation of India (NPCI) has launched a wholly-owned subsidiary NPCI International...
Facebook Teams Up with Ola Investor Matrix Partners India to Coach...
Matrix Partners India is the latest venture capital firm in the country to sign up for Facebook’s VC Brand Incubator Program. The initiative seeks...
ByteDance Injects USD 1 Billion in Online Publisher Zhangyue, Main Rival...
TikTok owner ByteDance has invested RMB 1.1 billion (USD 165.58 million) in online reading firm Zhangyue Technology (SH:603533), or iReader Technology, in exchange for...
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...
Philippines-listed Phinma unit acquires Bataan terminal for $15.4m
Philippines-listed holding firm Phinma Corp announced on Friday that its 60 per cent-owned subsidiary Philcement Corporation signed an agreement for the acquisition and takeover...
Ping An’s OneConnect to launch $500 million U.S. IPO in rare...
HONG KONG, Dec 2 (Reuters) - Ping An Insurance’s OneConnect Financial Technology plans to launch a U.S. initial public offering (IPO) for about $500...