China

QuantaSing expands global presence with acquisition of Kelly’s Education

Chinese online service provider QuantaSing Group Limited has on Tuesday announced its acquisition of Kelly's Education, an online language education platform headquartered in Hong Kong. This transaction signifies QuantaSing's entry into the global online education market and the language learning sector.

Hong Kong’s cross-border eCommerce enabler Buyandship secures initial $10M in Series B funding, plans to expand into SE Asia

The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market expansion into the Southeast Asia (SEA) region.

Embarking on a transformative journey at “Explore the Innovation Ocean” at HK Ocean Park, organized by Jumpstart & StartmeupHK

"Explore the Innovation Ocean" ensures an extraordinary voyage, seamlessly interweaving profound discussions, pioneering exhibitions, and unparalleled networking prospects. Notable among featured speakers, representing leading companies in their respective fields, are Dr. Jia Zou from Roblox, China, Alex Xu from Leyou Technologies, Dr. Sara Cheung from Asia…

Norway sovereign fund closes Shanghai’s office, Singapore office to serve as regional hub

The sovereign fund said its investments in China remain unchanged and the decision is driven by operational considerations and does not affect the fund’s investment strategy or its investments in China.

Tencent Cloud says international business posts strong growth

In the first half of 2023, international business posted double digit revenue growth, with particularly strong performances in Japan, Singapore, Malaysia, Indonesia, Europe, and the Middle East.

China’s Ant Group brings Alipay+ to the Philippines with 3 new mobile wallets – AlipayHK, Kakao Pay, Touch ‘n Go eWallet

The acceptance of three new mobile wallets, via Alipay+, comes as travellers return to the Philippines.

BEYOND Tonight comes to KL again to promote Asia’s largest tech expo

Distinguished attendees of the event encompassed a diverse spectrum, including investors, prominent figures from the tech ecosystem, representatives from government agencies, venture capital firms, corporations, family offices, startups, as well as notable presences including Khazanah Nasional Bhd, Malaysia Venture Capital Management (MAVCAP), Sunway Group,…

Alibaba Cloud open sources Tongyi Qianwen with 7 billion parameter model

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest contribution to the open-source community by open-sourcing its 7-billion-parameter Large Language Models (LLM), Qwen-7B and Qwen-7B-Chat, through its artificial intelligence (AI) model community ModelScope, and the collaborative AI platform Hugging…

Standard Chartered partners Ant Group to promote global sustainable development

Standard Chartered and Ant Group have entered into an agreement to deepen their partnership in driving green and inclusive finance, global fund management and sustainable development. Both parties will jointly contribute to tackling global issues such as climate change and ocean protection.

Malaysia, Hong Kong plan economic hub near Singapore border – report

Hong Kong and Malaysia also signed 11 MoUs, including the one involving MTR Corporation.