China

Shenzhen-based PAM2L Biotechnologies plans new round of funding to expand capabilities

PAM2L Biotechnologies is one of the finalists of Fund At First Pitch at BEYOND Expo 2024.

China’s Rigol sets up $23M manufacturing facility, R&D center in Malaysia

Rigol Technologies Co., Ltd., a China-based company specializing in design, development, production, and sales of electronic test and measurement instruments, has set up a manufacturing facility and research and development (R&D) center in Malaysia, with a total investment of over MYR 100 million ($23.14 million).

J&T Express achieves positive net profit in first half

J&T Global Express Limited (J&T Express), an Indonesia-based logistics service provider, said Tuesday it has turned to net profit in the first half of 2024. In the first half of 2024, all of its profit metrics swung to positive.

Alibaba Cloud Collaborates with Shiseido China on AI-driven DRUNKGPT

Alibaba Cloud said Monday its proprietary large language model Qwen has been deployed to the applicationof Shiseido’s Drunk Elephant’s new DRUNKGPT technology for enhanced customer interaction in China, responding to customer inquiries from product recommendations to skincare tips with more nuanced and personalized responses.

Maxis and Huawei team up on 5G-advanced Joint Innovation Center in Malaysia

Maxis, a Malaysia-based telecommunication firm, and Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), a subsidiary of Chinese multinational digital communications technology conglomerate Huawei, have on Tuesday announced a strategic collaboration on a Joint Innovation Center in Malaysia.

Alibaba Cloud elevates Paris 2024’s games viewing experience with cloud technologies

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has harnessed the power of its cloud technologies to drive multiple initiatives throughout the Olympic Games Paris 2024 (Paris 2024).

WeChat Pay Malaysia to discontinue e-wallet service

Chinese payment firm WeChat Pay will discontinue its e-wallet service in Malaysia from September 1, 2024 due to business strategy adjustment.

Maybank sees electrical vehicle sales to pick up in ASEAN

Favorable regulations, local brands and penetration of Chinese carmakers will drive electric vehicle (EV) sales higher in ASEAN, Maybank Investment Bank said Thursday.

Alibaba Cloud launches Digital Accelerator Program to boost AI adoption and advance Malaysia’s digital transformation

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has on Thursday announced a series of new initiatives to boost artificial intelligence (AI) adoption and advance Malaysia's digital transformation.

GoTo launches BNPL service on Tik Tok’s ShopTokopedia

Indonesian largest digital ecosystem GoTo Group has on Monday announced that it is enhancing its partnership with TikTok by providing a “Buy Now, Pay Later” (BNPL) product, GoPay Later, on TikTok’s ShopTokopedia.