MEGVII, the owner of facial recognition technology company Face++, is in discussions with Alibaba Group Holding Ltd and other investors as it seeks to raise at least US$500 million of new funding,...

[HONG KONG] Facebook Inc crises this year have weighed heavily on the social-media giant, dragging shares down more than 37 per cent from their July peak and erasing nearly US$240 billion in value.

[HONG KONG] Jack Ma, the co-founder of China's most valuable company, was officially confirmed as a member of the Communist Party in a state-backed newspaper recognising business leaders for...

CHINA'S Babytree Group, a parenting website operator, has priced its Hong Kong IPO at the bottom of a marketing range, people close to the deal said, reducing its valuation and implying a "...

ALIBABA Group Holding Ltd logged 168.3 billion yuan (S$33.4 billion) in sales in 16 hours of its annual Singles' Day extravaganza, setting a record as shoppers swarmed the e-commerce giant'...

THE cloud-computing arm of Chinese retail giant Alibaba Group Holding Ltd opened its first data centres in the UK, with two sites operational in London.

[HONG KONG] Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the US had been scuppered by the trade row between Beijing and Washington, Chinese state news reported...

[HANGZHOU, China] Alibaba Group Holding Ltd will set up a dedicated chip subsidiary and aims to launch its first self-developed AI inference chip in the second half of 2019 that could be used for...

BT EXCLUSIVE

ENTERPRISE tech conferences have evolved into extravaganzas.

[HONG KONG] China's Meituan Dianping, an online food delivery-to-ticketing services platform, priced its Hong Kong initial public offering near the top end of an indicative range, raising US$4.2...