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KEY STAT | Ant Group raises IPO target over uptick in investor interests
Its valuation also increased to USD 250 billion.
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The new RMB fund will manage over 20 billion yuan.
COVID-19 outbreak could give China's digital economy another push this year as both consumers and businesses turn digital.
The firm whose business includes facial recognition for pigs is expecting a USD 2.93 billion IPO.
More than 100 million people watch e-commerce livestreaming on the short video app.
Founder and CEO of Baidu says that AI will alleviate China's traffic congestion in 10 years.
The phone brand's answer to Google suite will be available to test out on smartphones this December.
The "apps inside WeChat" opened the e-commerce possibility for China's No.1 chatting and social media app.
From liquid lunch, nutrition bars, and chicken breast snacks, meal replacement products are tapping on China's growing appetite for a healthier and more convenient life.