China

Tourists can now use AlipayHK, Kakao Pay, Touch ‘n Go, Alipay China in Thailand

Ant Group, the Chinese operator of Alipay+, the global cross-border digital payments and marketing solution, has on Monday announced that a total of four mobile wallets are now accepted in Thailand. These include AlipayHK (Hong Kong SAR), Kakao Pay (South Korea), Touch ‘n Go eWallet (Malaysia) and Alipay (Chinese mainland), which has been accepted by Thai…

J&T Express acquires China’s Fengwang Express for $170M

Indonesia-headquartered courier startup J&T Express has on last Friday announced that it will acquire Shenzhen Fengwang Information Technology Co., Ltd. (Fengwang Information), the owner of Chinese e-commerce logistics provider Shenzhen Fengwang Express Co., Ltd. (Fengwang Express), for RMB1.183 billion ($170.09 million).

Alibaba Cloud unveils plans to strengthen global partnership ecosystem

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, is set to further empower its ecosystem partners through a series of new initiatives. The new initiatives including the launch of an Independent Software Vendor (ISV) Acceleration Program, a training empowerment program for partners, as well as new incentives to reward partner…

BEYOND Expo 2023 opens in Macao, redefining technology

The three-day expo will focus on showcasing and discussing technologies related to consumer technology, healthcare, and sustainability.

Total transaction value made via Alipay by Chinese tourists in Singapore almost doubled in Q1

Alipay, the digital platform for payment and other digital services owned by China-base Ant Group, has on Friday reported that the total transaction value made by Chinese tourists in Singapore via its app has almost doubled in the first quarter of 2023 compared to the previous quarter (Q4 2022).

Alibaba Cloud announces Tongyi Qianwen Partnership Program

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced the launch of “Tongyi Qianwen Partnership Program”, which aims to co-create large language models tailored for different industries with partners.

Nearly One in Five Cars Sold This Year Will Be Electric — International Energy Agency

Electric car sales are generally low outside the major markets, but 2022 was a growth year in India, Thailand and Indonesia. Collectively, sales of electric cars in these countries more than tripled compared to 2021, reaching 80,000.

Cainiao Ranks Top 10 in Hurun Report’s Global Unicorn Index 2023

Cainiao emerged as the 10 th best performing unicorn in the world with an estimated valuation of $27 billion, an $8 billion increase from the company’s pre-pandemic valuation.

China’s Huawei featured in Singapore’s Best Employers List for 2023

Chinese multinational technology corporation Huawei announced its inaugural inclusion in Singapore’s Best Employers 2023 curated by The Straits Times and global market research firm Statista on Tuesday.

Singapore’s eCommerce web design agency Verz Design raises $2M in Series A round

Verz Design, a Singapore-based web design agency and digital solutions agency, has on Tuesday announced that it has secured a $2 million investment from Meetsocial, a China-based digital marketing firm.