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Tech In AsiaWith a 4.4% market share in terms of revenue in 2020, Qiniu is now one of the largest pure-play PaaS startups in Chi...
SCMPHong Kong stocks dropped by the most in a week on concerns China is escalating a crackdown on the nation’s technology giants to rein in financial risks. A government report today also showed Chinese manufacturing slowed more than expected this mon...
SCMPBourse operator Hong Kong Exchanges and Clearing (HKEX) will extend reforms introduced in 2018 to attract more listings by new economy and international companies, it said on Thursday.The reforms have helped turn HKEX into the world’s most valuabl...
SCMPAlibaba Group Holding, the world’s largest e-commerce platform, is injecting its online real estate sales platform into one of the country’s biggest property agencies, more than doubling its stake in E-House (China) Enterprise Holdings as the coro...
SCMPMeituan, the country’s largest on-demand delivery service provider, is facing a likely fine of billions of yuan as a result of an antitrust probe from Beijing regulators, a fate similar to what befell Alibaba Group Holding after the recent conclus...
SCMPTaobao Live, the live-streaming platform for merchants on Alibaba Group Holding’s online marketplace Taobao, has set ambitious plans for the year after generating over 400 billion yuan (US$61.7 billion) in gross merchandise volume (GMV) in 2020, d...
Tech In AsiaMeituan said that it will actively co-operate with the probe and step up its efforts to comply with regulatio...
SCMPInside a packed hall at the Yiwu International Expo Centre, located in the same city in central Zhejiang province as the world’s largest small commodities market, hundreds of merchants gathered on April 11 for a presentation by executives from Byt...
SCMPPlans by Alibaba Group Holding to launch bargain online shopping platform Taobao Deals as a mini-program on Tencent Holdings’ ubiquitous super app WeChat, have apparently hit a snag, according to a source familiar with the matter. Tencent, which r...
Tech In AsiaGreenpeace's report states that 13 of China’s 22 biggest tech companies have begun to procure renewable energy, up from just eight companies in 20...
Tech In AsiaThe IPO could happen as soon as second half of 20...
SCMPTencent Holdings has unseated Alibaba Group Holding to lead China’s cloud providers in renewable power use, according to Greenpeace East Asia’s latest clean energy scorecard for the country’s Big Tech sector.The report said 13 of China’s 22 bigges...
SCMPHong Kong stocks fluctuated near a four-week high as Alibaba Group Holding weighed on market sentiment ahead of the corporate earnings season. Meituan climbed after unveiling a US$10 billion fundraising.The Hang Seng Index was little changed at 2...
SCMPAlibaba Group Holding, the internet behemoth hit with a record US$2.8 billion fine from China’s antitrust authorities, has publicly promised to obey antitrust rules and to assist regulators in maintaining “market order”. Alibaba, the parent compan...
SCMPThe power of the State Administration of Market Regulation (SAMR), the regulator in charge of “market order” in China, appears to be growing after its record US$2.8 billion fine on Alibaba Group Holding and warning to 34 of the country’s internet ...
CNBCThe chief executive of Germany's Daimler believes the automaker will face stiff opposition from tech giants if they decide to launch their own ca...
SCMPThe Communist Party leadership in China’s eastern coastal province of Zhejiang, home to Alibaba Group Holding, has pledged to “supervise and guide” the e-commerce giant and its fintech affiliate Ant Group to complete “rectification” after months o...
SCMPStocks in Hong Kong and mainland China markets fell as Chinese tech leaders retreated. Alibaba Group Holding slipped after a three-day rally.The Hang Seng Index fell 0.5 per cent to 28,759.52 at 10am local time. The Tech Index fell 1.5 per cent, g...
