China

Alibaba halts talks to raise $1B before Lazada IPO – report

It was reported that Alibaba had hoped to secure at least $1 billion but backed off after failing to secure its envisioned valuation.

Tencent Cloud partners with KinderWorld to develop smart Campus in Southeast Asia

China's Tencent Cloud announced Thursday its collaboration with KinderWorld International Group (KinderWorld) in the areas of smart campus development, innovation and digitalization, as well as training development in the education sector in Southeast Asia. The strategic cooperation agreement marks both parties’ intention to leverage the technologies…

Leveraging AI to create safer, ESG-compliant construction sites [Q&A]

viAct, an AI construction tech (contech) startup based out of Hong Kong, automates construction monitoring using a combination of computer vision, edge devices and a mobile app.

India bans 54 Chinese apps on ‘security concerns’ – report

Since June 2020, the Indian government has banned around 224 Chinese apps.

Singapore cross-border payment firm Thunes kicks off expansion into Greater China

Thunes plans to significantly accelerate the expansion of its operations in Greater China, spanning mainland China, Hong Kong, Taiwan, and Macau. This news follows the recent appointment of Daphne Huang, Senior Vice President (SVP) for Greater China, who will leverage her deep market expertise to spearhead Thunes' growth strategy.

Hong Kong intelligent logistics platform Zeek launches quick commerce solutions in Hanoi, Vietnam

Zeek is closing the year on the back of strong momentum in Southeast Asia. Following its foray into Ho Chi Minh City in the fourth quarter of 2020 and its successful partnership with Circle K Vietnam, one of Vietnam’s largest local convenience store chains, Zeek has expanded its footprint in Vietnam with its launch in Hanoi in November 2021.

Malaysia’s Country Heights partners with China’s JD.com to bring its omni-channel e-commerce platform to Malaysia

Malaysia-based property developer Country Heights Holdings Bhd has inked licensing and collaboration with Beijing Wodong Tianjun Information Technology Co. Ltd (JD.com). The collaboration will lead to the development of JD.com’s Omni channel business model using JD.com technologies and Country Heights’s resources for the Malaysian market.

SGX Catalist-listed Hatten Land signs comprehensive collaboration agreement with Huawei

SGX Catalist-listed Hatten Land Limited's wholly-owned subsidiary Hatten Edge Pte. Ltd. has entered into a Comprehensive collaboration agreement (CCA) with information and communications technology (ICT) provider Huawei International Pte. Ltd. Under the CCA, both companies will jointly explore and develop opportunities in cloud computing and enterprise…

Binance withdraws Singapore cryptocurrency bourse application – report

The company was said to be among some 170 firms that applied to the Monetary Authority of Singapore for a permit to offer cryptocurrency services.

Smart Manufacturing: How industry 4.0 is shaping the future of manufacturing in Germany and China [BEYOND Virtual Panel recap]

Conducted on November 18, this Beyond Virtual panel invited experts in the field of manufacturing and the Industrial Internet of Things to discuss the impact of developments in the Chinese and German manufacturing industries.