The investment indicates investors are picking up confidence in the ride-hailing sector again after a two-year winter.

In the first seven months of 2020, the amount of investment in the semiconductor sector surpassed USD 8.95 billion, two times last year’s amount.

The initial alliance with Sun Art dates back to 2017, after which Alibaba integrated its online grocery ordering platform Taoxianda with Sun Art’s stores, offering home-delivery services.

The majority of the sales will occur in the first few days of the festive season, when Amazon and Flipkart will be holding their respective mega sales events.

As Myanmar is set to hold general elections on November 8, pressure is growing that the government could possibly censor online content.

Faraday Future will use the new funds to support mass production of its FF 91 model.

It will continue HBO’s syndication partnership with Disney’s Hotstar that streams over 100 HBO original shows.

The app allows users to transform their credit card and member card points into “ChomCHOB points” to buy other products.