Alibaba to Baidu, Chinese firms working on ChatGPT-style AI technologyOn April 11, e-commerce giant Alibaba Group showed off its AI large language model called Tongyi Qianwen, saying it would be integrated int...
08 May, 2023, 11.32 AM IST
China AI stocks frenzy loses steam as earnings doubts creep in“It’s possible there are more legs to the run, but without fundamentals backing the extent of the run, the risk of correction is something ...
15 Apr, 2023, 09.43 AM IST
Asia stocks rise on hopes regional central banks hold steady on ratesStrong U.S. employment data published last Friday sparked expectations that the Fed may hike rates in May, but the 25 basis point rise now ...
11 Apr, 2023, 09.04 AM IST
From Baidu to Alibaba, Chinese firms working on ChatGPT-style technologyLike Microsoft and Google, Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for ...
10 Apr, 2023, 03.58 PM IST
Indonesian startup GoTo is world’s worst large size tech IPO this yearShares of the Indonesian startup provider of food delivery services to fintech solutions are falling for a 10th straight session, taking lo...
02 Dec, 2022, 03.46 PM IST
Vision Fund slide points to more pain for SoftBank's SonSoftBank has been reliant on its large and liquid stake in e-commerce firm Alibaba Group Holding Ltd for financing. The group has now raise...
05 Aug, 2022, 08.23 AM IST
Delhivery's market debut more than doubles SoftBank stake value to $1 billionIn 2019, SoftBank invested about $390 million in two tranches in Delhivery, which is now valued at almost $1 billion. The value of its inve...
25 May, 2022, 01.27 PM IST
Storm clouds gather at SoftBank Group as valuations slideMajor SoftBank assets that went public over the last year and are now trading below their listing price include ridehailing company Didi Gl...
04 Feb, 2022, 09.29 AM IST
SenseTime shares up 150% since late December IPOSenseTime raised $740 million in its initial public offering (IPO), the fifth largest in Hong Kong in 2021.
04 Jan, 2022, 07.54 AM IST
SenseTime shares jump 23% on debut after $740 million Hong Kong IPOSenseTime sold 1.5 billion shares in the IPO.
30 Dec, 2021, 11.42 AM IST
SenseTime relaunches Hong Kong IPO to raise $767 millionSenseTime's first attempt at listing was shelved last Monday after the company was placed on a U.S. investment blacklist.
20 Dec, 2021, 11.39 AM IST
SenseTime relaunches Hong Kong IPO to raise $767 millionSenseTime's first attempt at listing was shelved last Monday after the company was placed on a US investment blacklist. The startup plans t...
20 Dec, 2021, 09.49 AM IST
China's SenseTime postpones Hong Kong IPO after US blacklistingChinese artificial intelligence start-up SenseTime said Monday it was postponing a $767 million initial public offering in Hong Kong after ...
13 Dec, 2021, 11.38 PM IST
China's SenseTime postpones $767 million Hong Kong IPO after US banChinese artificial intelligence start-up SenseTime Group postponed its $767 million Hong Kong initial public offering (IPO) on Monday after...
13 Dec, 2021, 01.49 PM IST
China's Sensetime postpones $767 mn Hong Kong IPO after US banSensetime said it remained committed to completing the offering and would publish a supplemental prospectus and an updated listing timetabl...
13 Dec, 2021, 10.50 AM IST
SenseTime launches Hong Kong IPO to raise up to $767 millionThe deal launched on Monday for the company to sell 1.5 billion primary shares within a price range of HK$3.85 to HK$3.99 each, the term sh...
06 Dec, 2021, 11.32 AM IST
Chinese AI giant blacklisted by Trump thrives in virus eraThe Hong Kong-based startup’s revenue surged 147% to 5 billion yuan ($720 million) in 2019 and its customer base increased by about 500 to ...
20 Aug, 2020, 09.41 AM IST