China

MYEG and Guangxi Beitou IT Innovation to establish flagship China-ASEAN AI lab

Malaysia's digital services company MY E.G. Services Berhad (MYEG) has signed an agreement with Guangxi Beitou IT Innovation Technology Investment Group to jointly set up the Malaysia-China AI Innovation and Cooperation Center as the flagship China-ASEAN AI lab toward realizing the vision of the governments of Malaysia and China to collaborate on artificial…

OneInfinity by OneDegree partners SlowMist to strengthen security, resilience of Web3 ecosystem

OneInfinity by OneDegree, the Hong Kong-based provider of digital asset insurance and risk management solutions, has announced a strategic partnership with SlowMist, the China-based blockchain security firm, to enhance Web3 security and insurance solutions for the digital asset ecosystem.

Ant Digital Technologies establishes international headquarters in Hong Kong

Ant Group's subsidiary Ant Digital Technologies has established its international headquarters in Hong Kong, the firm said in a statement on Tuesday.

Nourish Ingredients partners CABIO Biotech for global commercial scale of precision fermentation fats

In partnership with Chinese biotechnology company CABIO Biotech, Australian animal-free fats and precision fermentation startup Nourish Ingredients has successfully completed its first commercial production of Tastilux®, its potent meaty fat.

Singapore’s GLP launches $358M AUM maiden data center fund in China

GLP, a Singapore-based global thematic business builder and investment manager, has on Tuesday launched maiden data center fund in China with asset under management (AUM) of RMB 2.6 billion ($358 million).

Ant International partners LankaPay to launch Alipay+ in Sri Lanka

Ant International, a global digital payment, and LankaPay, Sri Lanka’s National Payment Network, have jointly announced the launch of enabling cross-border mobile payments for Alipay+ partner users via the LANKAQR network, enhancing the connectivity between global consumers and Sri Lankan merchants.

Alibaba’s Tsai warns of a ‘bubble’ in AI data center build-out – report

Many of those projects are built without clear customers in mind, Tsai told the HSBC Global Investment Summit in Hong Kong on Tuesday.

Temu, DLocal team up to expand shoppers payment solution in Africa, Asia, Latin America

Temu, the global e-commerce platform of China’s PDD Holdings, and dLocal, the cross-border payment platform connecting global merchants to emerging markets, have announced a strategic partnership to expand their payments in Africa, Asia, Latin America.

Tencent Cloud collaborates with Mega Berjaya Teknologi to accelerate Indonesia’s digital transformation

Tencent Cloud, the cloud business of global technology company Tencent, has announced the signing of a memorandum of understanding (MoU) with Indonesian cloud service company Mega Berjaya Teknologi, to support the acceleration of Indonesia’s digital transformation.

BYD unveils battery system that charges an EV in five minutes – report

BYD’s new EV platform will allow cars to reach 100km per hour in two seconds.