China

Tencent Cloud partners Nexon to launch metaverse platform

Tencent Cloud, the cloud business of China-based technology company Tencent, has on Monday announced its collaboration with Nexon Co., Ltd., a global video game publisher, in powering up the launch of its metaverse platform NEXONTOWN.

Tencent Financial Technology launches new global brand for cross-border payment business

Tencent Financial Technology, Tencent’s fintech arm, has on Wednesday introduced Tenpay Global, a new international brand for its cross-border payment business. The firm is also unveiling new inbound remittance capabilities to Weixin to facilitate easy money transfers to China.

China’s Xinghuo BIF appoints Malaysia’s MyEG to own and operate Xinghuo International Supernode

China’s national blockchain Xinghuo Blockchain Infrastructure and Facility (XInghuo BIF) has inked an agreement with Malaysian listed digital services firm MY E.G. Services Bhd (MyEG) for MyEG to own and operate the Xinghuo International Supernode (Malaysia) to connect China blockchain to global markets.

ESR’s ARA partners Export–Import Bank of China for $1B infrastructure fund

ESR Group Limited's ARA, a Singapore real asset fund manager, announced Monday it has entered into a partnership with the Export–Import Bank of China for the closing of a $1 billion infrastructure fund – China-ASEAN Investment Cooperation Fund1 II (CAF II). The fund will invest in ASEAN countries across various infrastructure, energy resources including…

Touch ‘n Go eWallet expands cross-border payment to China in collaboration with Alipay

Touch ‘n Go Group, via TNG Digital Sdn Bhd (TNG Digital), owner and operator of Touch ‘n Go eWallet, announced Monday it is expanding its cross-border payment capabilities to China through its collaboration with Alipay+, a suite of global cross-border digital payments and marketing solutions operated by Ant Group.

China’s Baozun sets up regional headquarters in Singapore

Baozun Inc., the leading e-commerce service partner that helps brands execute their e-commerce strategies in China, announced Thursday its new regional headquarters in Singapore, as it seeks to drive e-commerce innovation and bring a competitive advantage to brands in Southeast Asia (SEA).

Alibaba Cloud to invest $1B as it unveils strategic roadmap for international business

Alibaba Cloud commits to $1 billion investment to boost ecosystem capabilities while showcasing new products and comprehensive customer support for complete services.