China
China’s LONGi invests $380M to set up solar PV manufacturing base in Malaysia
Chinese photovoltaics company LONGi Green Energy Technology Co is setting up a solar photovoltaic (PV) manufacturing facility in Malaysian with an investment of MYR 1.8 billion ($380 million).
Indonesia bans e-commerce transactions on social media platforms such as TikTok – report
The government said the move, which takes effect immediately, is aimed at protecting offline merchants and marketplaces, adding that predatory pricing on social media platforms is threatening small and medium-sized enterprises.
Ant Group introduces ten Asian e-wallets to China to boost cross-border mobile payment
Chinese digital payment firm Ant Group has officially welcomed seven new leading e-wallets and payment apps from Asia to the “Alipay+-in-China” Program (A+China Program). The new additions bring the total number of overseas e-wallets accepted in the Chinese mainland to ten.
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,…
