Alibaba results likely to show limited AI payoff for China techAlibaba is expected to spotlight its AI strategy in upcoming results but, like Tencent and Baidu, faces difficulty monetising its investmen...
27 Aug, 2025, 11.42 AM IST
Tencent Music to buy Chinese audio platform Ximalaya for $2.4 billionTencent Music will acquire Chinese audio platform Ximalaya for $2.4 billion in cash and stock to expand its content library, attract more p...
10 Jun, 2025, 06.50 PM IST
After Google, Chinese regulators consider investigation into Apple’s app store policiesThe allegations against Apple have been a matter of discussion between the company and Chinese regulators since last year. But US President...
05 Feb, 2025, 09.19 PM IST
Ubisoft activist investor says it has support of 10% of shareholders in management tussleAJ Investments, which has less than 1% stake in Ubisoft, said it was in talks with private equity firms for its push. The company's shares ...
26 Sep, 2024, 02.39 PM IST
Global car giants seek tech allies in China's cutthroat EV marketStruggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electr...
08 May, 2024, 10.11 AM IST
As China's AI 'war of a hundred models' gains pace, investors warn of a shakeoutTensions between Beijing and Washington have also weighed on the sector, as US dollar funds invest less in early-stage projects and difficu...
22 Sep, 2023, 09.14 AM IST
Tencent slashes cloud service prices by up to 40% as price war intensifiesChinese internet giant Tencent Holdings is cutting prices for cloud services by up to 40% from June amid similar moves from rivals that hav...
17 May, 2023, 03.15 PM IST
Chinese cos listed in US stock exchange suffer following trade warChinese technological firms have been caught in the spat between US and China. The “trade war” started with President Trump accusing China ...
05 Jan, 2022, 05.37 PM IST
China probes Didi Chuxing for antitrust violations ahead of US IPOThe investigation into IPO-bound Didi Chuxing is the latest in a sweeping crackdown on Chinese technology companies, including Alibaba Grou...
17 Jun, 2021, 01.56 PM IST
PUBG maker Krafton aims for up to $5 billion in South Korea's biggest IPOThe Krafton IPO will offer for purchase 10 million shares, including 7 million new shares and 3 million existing shares, of the company at ...
16 Jun, 2021, 06.47 PM IST
PUBG maker targets up to $5b in South Korea's biggest IPOTencent-backed Krafton said in a regulatory filing it expected to offer 10 million shares, or 7 million new shares and 3 million existing s...
16 Jun, 2021, 03.08 PM IST
Crash boom bangFrom Indian crypto exchanges struggling during the bitcoin crash to the biggest shakeup at ByteDance and smartphone makers going in hiberna...
20 May, 2021, 07.38 PM IST
The full list of 118 Chinese mobile applications banned by the governmentare engaged in activities which is prejudicial to sovereignty and integrity of India, defence of India, security of state and public order.”
03 Sep, 2020, 09.40 AM IST
Tencent leads $110 million funding round in MX PlayerThe funding by Tencent will further intensify the competition in the domestic over the top, or OTT market which has been growing exponentia...
30 Oct, 2019, 09.09 AM IST
Trade war and censors blow chill wind through China's giant tech sceneNow the market is feeling the pinch. Hiring numbers are down, company margins are thinner and tumbling technology stocks have wiped nearly ...
13 Nov, 2018, 10.06 AM IST
The yuan is Asia’s weakest currencyThe yuan slid as much as 0.53 per cent to 6.9250 per dollar.
14 Oct, 2018, 10.57 AM IST
Naspers lines up billions for tech investmentsNaspers has become one of the world’s largest investors in e-commerce ventures as it tries to build on the success of its early stage inves...
15 Nov, 2017, 08.40 AM IST