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Meta makes a $900 million super-app move in IndiaCred founder Kunal Shah, a philosophy graduate, built his platform on exclusivity for high credit scorers, now processing over 40% of India...
Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in CredThink tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data,...
Tencent tests AI assistant for its super app WeChat in ChinaKnown as Weixin in China, the super app has made the new AI assistant available to a small number of users, according to a statement from W...
Singapore-based fintech company Aleta aims to expand operations into IndiaAleta Planet, a Singapore fintech firm, is set to enter the Indian market. The company will provide infrastructure for Visa debit cards, en...
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
Apple removes Russia's state-backed messenger from App StoreApple has removed Russia's state-backed Max messenger from its App Store, citing compliance with sanctions. The app, developed by VK whose ...
China bets on AI to promote President Xi Jinping's thinkingThe project, known as "Xinhua Yudian," meaning Xinhua lexicon, is "an intelligent agent for learning, researching, and disseminating Xi Ji...
From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
China's Tencent to allow PayPal payments through its WeChat networksChinese tech giant Tencent is enabling PayPal users to pay with QR codes across China through its WeChat Pay network. This move aims to att...
TIME named him world's most influential 3 times, yet most people don't know Chinese titan Tencent's $63 billion boss - who is Ma Huateng?Ma Huateng, also known as Pony Ma, is the influential co-founder, chairman, and CEO of Tencent, a global tech conglomerate. Despite a low p...
China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
How Eileen Wang, Arcadia Mayor, was caught acting as illegal Chinese agent in US?Arcadia Mayor Eileen Wang has been charged with acting as an illegal agent for the People's Republic of China. Wang agreed to plead guilty ...
The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globallyChina is rapidly adopting artificial intelligence tools. Ordinary citizens and businesses are using AI for daily tasks and work. Chinese co...
Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
China's DeepSeek releases new AI model a year after viral riseChinese AI firm DeepSeek unveiled a new model with significantly lower costs and a massive one million word context. This development promi...
A humanoid robot sprints past the human half-marathon world record in Beijing raceA humanoid robot from smartphone maker Honor shattered the human world record by winning a robot half-marathon in Beijing with a time of 50...
Russia sees China's WeChat, Douyin as models for its homegrown Max messengerThe Kremlin is pushing Russians to use Max instead of Telegram, currently the country's most popular messaging app, but is facing stiff r...
America distances itself from Trump attempts to ban WeChatThe Commerce Department is reviewing recent actions, such as the rules undermining TikTok and WeChat, to ensure that efforts by the Trump a...
A US WeChat ban could hurt many in America, not just ChinaFor people in the U.S., WeChat has less functionality than it does in China. But it's what connects immigrants and students from China to t...
Uber’s quest to win over China faces WeChat hurdleWeChat has become an important promotional tool for companies trying to reach affluent Chinese.