Vietnam Grants 5G Commercial Test Licenses to Viettel, Mobifone
Vietnamese telecom giants Viettel and Mobifone received trial licenses to “commercially test” 5G in Ho Chi Minh City and Hanoi, the country’s two largest...
Shanghai Exchange Suspends Ant Group’s A-Share IPO on STAR Market
The Shanghai stock exchange has suspended Ant Group’s A-share IPO on its STAR Market, which was initially set for Thursday, the Chinese exchange said...
China’s Alibaba Said to Invest in Online Fashion Retailer Farfetch
Alibaba Group Holding Ltd is in advanced talks to invest nearly $300 million in online luxury fashion retailer Farfetch Ltd, the Information reported on...
India RIL Says ADIA & PIF Invest $503.8m Each in Jio...
Reliance Industries on Friday said that Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund (PIF) have invested ₹3,779 crore each in Jio...
Chinese ByteDance Launches Mobile Game Distribution Platform Danjuan
ByteDance quietly launched a mobile game platform dubbed, “Danjuan Game”, which allows developers to release and test games and keeps players in the loop...
Chinese ByteDance Debuts New Brand to Reignite Its Education Business
ByteDance has announced the creation of a new independent brand named Dali Education, which will cover all of ByteDance’s existing education businesses, the company...
VW’s First Dedicated EV Plant Starts Production in Shanghai
A lemon yellow electric Volkswagen-branded SUV rolled off from the production line in Shanghai on Tuesday, marking the start of production at the German...
ByteDance Weighs Listing Chinese Short Video App Douyin in Hong Kong
ByteDance is in early stage talks to list its Chinese short video app Douyin in Hong Kong, Reuters reported on Monday.
ByteDance said it's considering...
Chinese Tencent And Kuaishou Invest in E-Sports Startup VSPN
Shanghai-headquartered e-sports event organizer Vesus Programming Network (VSPN) closed a USD 100 million Series B round led by internet giant Tencent (HKSE: 0700) and...
India Flipkart to Acquire A 7.8% Stake in Aditya Birla Fashion...
Walmart-owned Flipkart Group has agreed to acquire a 7.8% stake in Aditya Birla Fashion and Retail Limited (ABFRL) which owns lifestyle brands such as...
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...
Chinese Meituan to Raise USD 2 Billion in Debt, Partly for...
Food delivery company Meituan (HKSE: 3690) on Thursday disclosed that it will sell USD 750 million five-year bonds and USD 1.25 billion ten-year bonds...
