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China’s Xiaomi joins race for Singapore digital banking license
Xiaomi follows other Chinese major tech companies such as Ant Financial, ByteDance, and Razer.
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The production of Model Y targeting the Chinese market will commence in early 2021.
wants to become an EV hub for Asia and beyond.
Rivigo looks to raise USD 20 million in Series F round.
The strategic cooperation will allow Baidu to apply its artificial intelligence technologies in China’s financial sector on a large scale.
There will be synergies in their online and offline capabilities in sectors such as grocery, beauty, and fashion.
The company would file the updated prospectus after the Chinese New Year holidays.
said its digital bank will focus on addressing the unmet needs of millennials and SMEs.
Successful licensees will be announced in June this year and are expected to commence business by mid-2021.
