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The firm has invested in SaaS platform Vouch, grocery delivery startup Dropezy, and edtech provider Marathon.

Qwilt continues to build upon a strategic partnership formed with Cisco in 2020.

Regulators have outlawed all crypto transactions and services in China, prompting shifts to destinations with friendlier rules.

In 2020, the fintech firm logged USD 14 billion in payment volume.

EV unit was expected to use funds for auto development and working capital.

Alibaba Group joined the investment as a new backer of Ninja Van.

The media sector generates sizable revenue for Alibaba, but that may change soon.

Sogou is China’s second largest search engine with 14.3% of the market share.