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Alibaba’s Jiang Fan expects Taobao Shangou to reach RMB 1 trillion in transaction volume within three years.

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

The battle for market share heats up as demand slumps on reduced incentives.

With profits elusive and over 90% of its revenue coming from a single client, Seyond is turning to a public listing to stay competitive.

The AI-driven underwriting firm seeks capital to ease liquidity pressure and convince investors of a viable path to profitability.

The initiative may build on Cosmos, Nvidia’s world foundation model.

With pared-down versions of the Model 3 and Model Y, Tesla is testing lower prices in markets where rivals such as BYD and Xiaomi are closing in.

Surging gold prices are testing traditional jewelers’ pricing power while fueling new experiments in China’s gold market.