Chinese food delivery giant Meituan beats quarterly revenue estimatesMeituan, which has an app that provides services as varied as bike-sharing, ticket-booking and maps, reported revenue in the three months t...
30 Nov, 2024, 11.02 AM IST
China's Meituan to buy artificial intelligence firm Light Year from cofounderThe deal comes at a time when AI has captivated investor interest across the globe, prompting a flurry of investments or acquisitions by bu...
29 Jun, 2023, 09.41 PM IST
China AI startup MiniMax raising over $250 million from Tencent-backed entity, others: reportThe deal comes amid a global AI buzz kicked off by ChatGPT that has spread to China, shoring up stocks in artificial intelligence firms and...
01 Jun, 2023, 10.27 AM IST
- Rise & Rise of China’s Internet Billionaires
Chinese group Alibaba's moves to take its flagship ecommerce site alibaba.com private by offering minority investors an eyepopping premium.
25 Feb, 2012, 10.55 AM IST