May 20, 2021
Tencent Ups Spending To Compete With Alibaba
China’s Tencent Holdings said on Thursday, May 20, that it wants to put a greater portion of this year’s incremental profits into sectors that include games, short-form video and cloud services. As Bloomberg...
May 20, 2021
Tencent Ups Spending To Compete With Alibaba
China’s Tencent Holdings said on Thursday (May 20) that it wants to put a greater portion of this year’s incremental profits into sectors that include games, short-form video and cloud...
May 18, 2021
Today In Payments Around The World: JD Logistics Eyes Going...
In today’s top payments news around the world, JD Logistics is reportedly getting ready for an initial public offering (IPO), while a consortium led by Alibaba and Baring Private Equity...
May 18, 2021
Alibaba Consortium Acquires 5.5 Pct Stake In Masan Group’s The...
A consortium led by China’s Alibaba and Baring Private Equity Asia has acquired a 5.5 percent stake in Vietnam’s Masan Group’s consumer-retail platform The CrownX for $400 million, the companies...
May 17, 2021
Big Tech Compliance Tracker: Khan’s FTC Nomination Will Proceed To...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. Lina Khan’s Nomination Will Proceed To Full Senate Vote Law professor Lina Khan, who is...
May 17, 2021
Say Hello To The GoTo Group, The New Asian Super...
The largest tech merger in Indonesian history is not only set to create Southeast Asia’s newest so-called “super app” but will also result in creation of a super cool company...
May 17, 2021
China’s JD Logistics Sets Sights On Going Public, Raising $3.4...
Big-time investors are getting onboard as JD Logistics gears up for a possible $3.4 billion initial public offering (IPO), several news reports said Monday (May 17). The logistics division is...
May 17, 2021
Gojek Tokopedia Deal Takes On Grab For SuperApp Status
Gojek finalized its acquisition of Tokopedia to form GoTo Group, Indonesia’s biggest technology group. Aside from ride-hailing and food delivery, the combined entity will also offer eCommerce and financial services...
May 14, 2021
Consumers Turn To eCommerce Marketplaces, Debit Cards
Chinese eCommerce company Alibaba said it plans to look for growth in new global markets after finishing a blockbuster year. And in payment methods, the pandemic is showing the unique and evolving payment preferences...
