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Explained: How AI mania has thrown India Inc out of MSCI EM's top 10 and world's top 100 listIndian companies are no longer in the top 10 of the MSCI Emerging Markets Index. A surge in AI stocks has shifted global capital. Taiwan an...
China and South Korea pledge to bolster ties as regional tensions riseSouth Korean President Lee Jae Myung met Chinese President Xi Jinping in Beijing. Both leaders pledged to boost trade and safeguard regiona...
Pentagon plans to add Alibaba, Baidu, and BYD to US list of Chinese military-linked companiesThe Pentagon plans to add Alibaba, Baidu, and BYD to a US list of Chinese military-linked companies. This 1260H list warns investors and ca...
Alibaba to open new data centres; unveils most powerful AI modelAlibaba announced plans to open its first data centres in Brazil, France, and the Netherlands, expanding its global AI infrastructure. Addi...
Big tech rules, agriculture among issues in US trade talks with South KoreaSouth Korea is seeking to extend a tariff pause as trade talks with the US continue. Key issues include digital regulation, agriculture, co...
Alibaba looking to raise $1.53 billion through exchangeable bondsChinese tech conglomerate Alibaba Group said on Thursday it is seeking to raise around HK$12 billion ($1.53 billion) through an offer of ex...
Alibaba nears deal to merge S.Korean operations with E-Mart in $4 bn deal: ReportAlibaba is in talks to merge its South Korean operations with E-Mart's e-commerce platform, valued at $4 billion, though talks are ongoing ...
India, Korea and Japan to see more IPOs while China stallsWhile IPOs returned to major venues in Europe and the US, the slowdown in Asia was mostly due to Beijing’s decision to ramp up scrutiny of ...
Alibaba plans to invest $1.1 billion in South Korea: reportThe Chinese ecommerce giant plans to spend $200 million this year on building the logistics center and $100 million to help small and mid-s...
South Korea regulator may sanction Meta over marketplace: reportsThe Korea Fair Trade Commission (FTC) had investigated possible violations of the country's e-commerce law and had sent an examination repo...
South Korea probes data protection by ecommerce platforms like AliExpress, TemuThe Personal Information Protection Commission said it has been investigating overseas ecommerce platforms since last month, after a parlia...
China's Alibaba, South Korea's Naver launch GPT rival AI modelsChinese internet giant Alibaba has launched new artificial intelligence (AI) models that can understand images and perform more complex con...
Alibaba, JD.com say US was top seller to China during Singles' Day eventThis year, companies including Alibaba Group Holding Ltd and JD.com Inc offered promotions over several days, with sales widely interpreted...
Jack Ma joins Twitter in a Covid-19 world, posts first tweet on mask donation to the USJack Dorsey retweeted the Alibaba boss's post and welcomed him to the platform.
BigBasket joins the league of unicorn club post $150 million fundingMirae Asset’s $60 million, Alibaba’s $50 million and $40 million by CDC values BigBasket at $1.2 billion
South Korea’s Mirae leads $150m round in BigBasketThe round has valued BigBasket at close to $1.2 billion, marking its entry into the unicorn club of private companies valued over $1 billio...
BigBasket's pre-money valuation may reach $1bn, eyes fresh fundingGrocery etailer's pre-money valuation may touch $1 bn with Alibaba’s $50 mn and new investors CDC, Mirae.
- UPDATE 1-China's Alibaba becomes major sponsor of Olympics
DAVOS-MEETING/OLYMPICS-ALIBABA (UPDATE 1):UPDATE 1-China's Alibaba becomes major sponsor of Olympics
Jack Ma’s Ant Financial Plans to Buy 20% Stake in Ascend MoneyAn investment into Ascend Money, parent of True Money and Ascend Nano, would help Ant Financial expand its online payments and small loans ...
- Entrepreneurs use the internet for a profitable business of selling human hair
Tirumala Tirupati Devasthanams netted a record income of Rs 133 cr through online auctioning of human hair in Sept this year.