China

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.

China listed AI firm iFLYTEK to invest $51.23M in Hong Kong

China-listed artificial intelligence company iFLYTEK plans to HK$400 million ($51.23 million) in Hong Kong over the next five years.

China’s XTransfer gets Singapore approval to provide payment services for SMEs

XTransfer, China-based business to business (B2B) cross-border trade payment platform, announced Tuesday that it has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a major payment institution license (MPI).

Jay-Z Invests $5M in Hong Kong luxury watch retailer Wristcheck

Since its founding in 2020, the watch company has garnered about $13.6 million from backers such as Alibaba Entrepreneurs Fund, Gobi Partners GBA, and K3 Venture

ZTrade expands service to enable two-way cross-border digitized trade documentation

ZTrade, a Web 3 platform operated on MY E.G. Services Bhd (MYEG)'s blockchain platform Zetrix that facilitates the cross-border trading of goods with China, is expanding its scope of coverage to encompass the digital verification of certificates of origin (COOs) issued by the General Administration of Customs of the People's Republic of China (GACC).