The coronavirus outbreak is still in full force, limiting business opportunities and impelling investors to put their activities on hold.
While China’s tier-one and tier-two cities keep rapidly expanding, making us marvel at the speed and quality of their development, the really astounding action is happening elsewhere.
Ant Financial announced the launch of the INCLUSION Fintech Conference, an event that aims to bring together the global financial and technology community.
Ant Financial has responded to rumors of dual listing IPO of both A-shares and H-shares, saying there is no plan or timetable for an IPO.
Alibaba has invested $10 million into XpressBees, an eCommerce logistics firm based in Pune, India.
According to local news on December 13, Samsung will increase its investment in its Chinese chip plant by $8 billion as the second stage of the second phase of the project.
Chinese short-video platform Kuaishou has raised its latest found of financing, to the tune of nearly $3 billion.
Alibaba Group’s financial services affiliate Ant Financial is preparing to raise $1 billion for a fund that will invest in fintech startups in Southeast Asia and India.
Paytm is close to scoring $2 billion of new financing from investors including Alibaba’s Ant Financial and SoftBank Group Corp., Bloomberg reported citing a person familiar with the matter.
Chinese electric vehicle (EV) maker Singulato Motors received a capital injection from Japan’s Itochu Corp amounting to nearly $100 million on October 12, according to Reuters.
Chinese automotive company Geely led a Series C financing round of $55 million into German flying taxi company Volocopter.
The case regarding where NetEase's cross-border e-commerce platform Kaola will end up has been closed, as Alibaba acquired the branch for $2 billion.
On August 27, Annie Chen, founder and CEO of Kuaikan, a comic art platform in China, announced in an internal letter that the company has received an investment of $125 million from Tencent Holdings.
Chinese internet company NetEase announced today its strategic investment in Montreal-based game development company Behaviour Interactive.
On June 6, sports community platform Hupu officially confirmed that it obtained 1.26 billion yuan ($182 million) from Bytedance in the pre-IPO round. This gives Bytedance a 30% stake in Hupu.