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Tencent CEO warns companies must keep innovating to survive amid US-China...

On Tuesday, Tencent’s usually low-profile founder and CEO Pony Ma made rare comments to weigh in on escalating tensions between the United States and...

A young entrepreneur is building the Amazon of Bangladesh

At just 26, Waiz Rahim is supposed to be involved in the family business, having returned home in 2016 with an engineering degree from...

Alibaba-backed facial recognition startup Megvii raises $750 million

One of China’s most ambitious artificial intelligence startups, Megvii, more commonly known for its facial recognition brand Face++, announced Wednesday that it has raised...

Ruhnn, a Chinese startup that makes influencers, raises $125M in U.S....

Ruhnn, a company that enables influencers to sell through e-commerce and is plotting to change the face of China’s fashion industry, has raised $125...

Yahoo spin-out Altaba is selling its entire Alibaba stake and closing...

Bye-bye, Altaba. The Yahoo spin-out created to house Yahoo’s lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative...

China’s grocery delivery battle heats up with Meituan’s entry

Fast, affordable food delivery service has been life-changing for many working Chinese, but some still prefer to whip up their own meals. These people...

Alibaba has acquired Teambition, a China-based Trello and Asana rival, in...

Alibaba has made an acquisition as it continues to square up to the opportunity in enterprise services in China and beyond, akin to what...

Office Depot partners with Alibaba to focus on small to medium-sized...

Office Depot, one of the many big box stores feeling the impact from Amazon’s e-commerce dominance, announced on Monday a significant partnership with Chinese...

China wants its rural villages to go cashless by 2020

Residents of even the tiniest far-flung villages in China may soon be able to pay on their phones to run daily errands as Beijing...

China’s Didi reportedly lost a staggering $1.6 billion in 2018

China’s largest car-hailing company is facing relentless pressure from all fronts. Beijing-based Didi Chuxing reportedly lost a staggering 10.9 billion yuan ($1.6 billion) in...