China

Australia’s Airwallex secures China online payment license

Australia-based global payments and financial platform Airwallex has secured a payment business license in China, following the successful acquisition of a 100 percent stake in Guangzhou Shang Wu Tong Network Technology Co., Ltd., an information and online payment services company.

Tencent sets up team to develop ChatGPT-like chatbot – report

Chinese tech giants such as Baidu and Alibaba Group have already announced plans to launch their own AI chatbots and incorporate the technology into their core businesses.

Indonesia seek to dual list home-grown startups in Hong Kong – report

IDX has proposed to bring its local startups to also list on the bourse operated by Hong Kong Exchanges and Clearing Ltd (HKEX)

Tencent Cloud ranks as the No. 1 cloud services provider in media services market, says Frost & Sullivan

Tencent Cloud, the cloud business of global technology company Tencent, has on Tuesday announced that it has been recognized as the no. 1 services provider in the media services market, according to Frost & Sullivan’s 2022 Asia-Pacific (APAC) Media Service Market Report.

DBS to apply for crypto licence in Hong Kong – report

When the regulations in Hong Kong are clear, and the bank “understands exactly the framework,” DBS will be one of the lenders interested in participating, said Paredes.

Qiming Venture Partners’ portfolio company LanzaTech lists on Nasdaq

LanzaTech NZ, Inc., an innovative leader in carbon capture and transformation and a Qiming Venture Partners portfolio company, listed on Nasdaq on Feb 10, following the completion of its business combination with AMCI Acquisition Corp. II (AMCI), a special purpose acquisition company (SPAC).

Mobily joins hands with Tencent Cloud to provide cloud solutions and services in Saudi Arabia

Mobily, an integrated service company in the Kingdom of Saudi Arabia (KSA), and Tencent Cloud, the cloud business of global technology company, have signed a Memorandum of Understanding (MoU) for a strategic collaboration that will pave the way to launch the next-generation cloud solutions and services in KSA.

China’s JD.com to shut e-commerce sites in Indonesia, Thailand – report

JD.com is China’s largest online retailer and its biggest overall retailer, as well as the country’s biggest Internet company by revenue.

Singapore’s LingoAce aims to open a world of opportunities for children through tech-enabled, immersive learning [Q&A]

In the interview, Yao also shared the trends driving innovation in the EduTech industry and how has COVID-19 sped up the acceptance of online learning and hybrid learning.

Indonesia close to finalize EV deals with BYD Group & Tesla – report

Indonesia has the world’s largest nickel reserve which is essential for the battery industry.