Tencent Holding Ltd. and BMW Group inked a strategic Memorandum of Understanding (MoU) on Sept. 5 to deepen cooperation in the field of smart mobility. The aim is to promote the development of network intelligence in the automotive industry.
On Sept. 5, world-leading mobile and online payment platform Alipay announced the intention to collaborate with a wider range of local Japanese partners to build a cashless environment for tourists going to Japan.
On August 27 at the launching ceremony of GWM WEY VV6, tech giant Baidu and Chinese automaker Great Wall Motors (GWM) announced the intention to deepen research and development (R&D) in high-definition maps and autonomous cars on Baidu’s open platform Apollo.
U.S. chipmaker Intel and Chinese Internet group Bytedance launched their joint AI lab on August 22 in Beijing, aiming to leverage both strengths to promote AI innovation.
Malaysian Prime Minister Mahathir Mohamad started his closely watched China tour on August 17th and visited Alibaba the next day on his first official trip to China.
Alibaba Group, the Chinese e-commerce giant, announced on August 16 the addition of luxury jeweler Tiffany & Co. to its Luxury Pavilion on the Tmall shopping platform.
Lu Qi, AI expert and former Chief Operating Officer of Baidu Inc., was named founder and Chief Executive Officer of Y Combinator China, signaling the Silicon Valley incubator’s ambition to expand its global operations.
PayPal has been negotiating incessantly with Chinese regulators for the past four years to obtain a payment license to enter the large market, as The Paper reported on August 10.
Jack Ma announced on August 8 the establishment of the Africa Netpreneur Prize to encourage young Africans to start their own businesses. 800 entrepreneurs, venture capitalists, researchers and policymakers witness the launch of prize at the “Netpreneurs: The Rise of Africa’s Digital Lions” conference in Johannesburg, South Africa.
Taobao, Alibaba‘s e-commerce subsidiary, will launch a brand new product this year called Taobao Buy (Taobao Maia). It is incorporated with mixed reality (MR) technology to bring consumers a futuristic shopping experience.
China’s largest state-owned media group posted on its twitter account to welcome Google back in China, a signal that this time the global Internet giant might return for real.
Elon Musk, CEO of Tesla, confirmed amid the company’s record loss that he will not sell any stocks. Tesla’s Gigafactory 3 in China, although costing less than expected, will be built through local bank loans.
China’s leading e-commerce platform JD.com opened its first overseas unmanned store, JD.ID X-Mart, an AI-powered experience store in the Indonesian capital of Jakarta.
In one month, Chinese Starbucks customers will no longer need to wait in line for their cup of coffee as the coffee giant forms new partnership with the Alibaba Group.
German premium automaker Daimler AG and China’s internet giant Baidu Inc. partner up to deepen their strategic ties in the areas of autonomous driving and vehicle connectivity.
Facebook has registered a company in Hangzhou, China on July 18, as reported in a filing with China’s National Enterprise Credit Information Publicity System.
The bike-sharing company ofo announced it pulled its business out from the Madrid region in Spain, according to Chinese media. This comes after their recent withdrawal from Australia and Germany.
