All Posts by admin

Alibaba is planning a China listing by mid-2018 via the use of Chinese depositary receipts

Chinese e-commerce giant Alibaba Group Holding is planning a mainland listing via depositary receipts that could come as early as the middle of this year, Thomson Reuters unit IFR reported, citing a person with knowledge of


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World’s largest subway system goes cashless as Shanghai Metro adopts QR code

From this weekend, Shanghai metro users will no longer need to worry about leaving their public transport cards at home or losing them, or queuing for tickets, as the world’s largest subway system is introducing a


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Drones, robots and self-driving vans will soon deliver your packages in this Chinese city

Chinese online retailer JD.com will launch its autonomous delivery vehicles in the streets of Tianjin, a metropolis in northern China. The company expects to begin delivering orders using these vehicles before its anniversary on June 18


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Rampant click fraud on China’s internet hurts digital advertisers

Retail giants like P&G and Unilever invest billions of dollars a year in advertising on China’s digital media platforms in the hopes of reaching the country’s 1.4 billion consumers, but one in three “hits” are generated


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Money from Chinese tech firms is deciding India’s next unicorn, say venture capitalists

Capital from Chinese technology firms is deciding the winners in India’s tech start-up market, according to venture capitalists. Indian companies chosen by tech giants such as Tencent Holdings and Alibaba Group Holding have received vast amounts


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Tencent beats Amazon to launch unmanned shop, but lags other Chinese tech rivals

Tencent Holdings has opened an unmanned pop-up store in Shanghai over the weekend which drew more than 30,000 visitors in its first two days of operation, beating Amazon in launching the much-hyped retail idea and catching


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Asia’s biggest food producer offers dial-a-hotpot as palettes grow weary of instant noodles

Uni-President, Asia’s biggest food producer and Taiwanese instant noodle major, started selling instant hotpot on e-commerce platforms this month as it targets more premium consumers. Instant hotpot, which uses a heat pack that can be activated


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Amazon’s cloud business acquires Sqrrl, a security start-up with NSA roots

By Jordan Novet Amazon’s cloud business has acquired Sqrrl, a cybersecurity start-up that spun out of the National Security Agency. The deal, which Sqrrl confirmed on Tuesday, comes as Amazon Web Services aims to pick up


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Who is Richard Liu? Chinese billionaire seeks to raise profile as JD.com expands outside China

Richard, who?  Richard Liu Qiangdong may have built JD.com into China’s second-biggest e-commerce company and amassed an estimated wealth of US$11.6 billion, but he remains a relative unknown outside his home country. With recent investments into Southeast


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Alibaba expands into mobile gaming in India with eye on digital payments, e-commerce

Alibaba Group, China’s largest e-commerce company, is expanding into mobile gaming in India, where its mobile browser is the most popular by market share. Hong Kong-listed AGTech Holdings and India-based Paytm, both controlled by Alibaba, will


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