Its old business is slowing and its new business is costly. NewsBaidu announces management shift and share buyback amid first quarterly loss since 20052 mins read
The company has a presence in 240 airports around the world. NewsSpanish travel industry IT provider Amadeus taps Chinese startup Heycars to facilitate ride-booking2 mins read
The drone cuts delivery times from 40 minutes down to 8 on this route. NewsDHL-Sinotrans and drone maker Ehang launch drone delivery route in Southern China1 min read
Vertex’ Fund VI is one of the largest early-stage funds targeting Southeast Asia and India. NewsVertex Ventures secures USD 230 million for its fourth Southeast Asia fund2 mins read
It had just put them on the streets one day ago. NewsDidi asked to remove 3,000 new shared bikes on Beijing streets1 min read
Grab engages with universities across Southeast Asia NewsGrab partners with the University of Indonesia to nurture local talent2 mins read
Alibaba’s cloud computing business grew 84% year-on-year. NewsAlibaba Cloud lures Oracle clients with cloud-based database products1 min read
China also set up a professional committee for AI governance earlier this year. NewsChina mulls regulations on Artificial Intelligence governance1 min read
Alibaba’s core commerce businesses still account for almost 90% of overall revenue. NewsAfter years of diversification, Alibaba is still an e-commerce company2 mins read
Companies on both sides stand to lose big. NewsUS adds Huawei to blacklist, spurring Sino-US tech decoupling2 mins read