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Home » Business » Jack Ma cedes control of Ant Group following a massive corporate restructuring Embattled Jack Ma has relinquished his absolute control over Ant Group following the new changes to the corporate structure. Under the new arrangement, Jack Ma will split his authority into equal parts with other…

Pune, Maharashtra -- (SBWIRE) -- 01/16/2023 -- Passwordless Authentication Market - Global Outlook and Forecast 2021-2027 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development,…

Digital asset financial services group HashKey Digital Asset Group, along with its partners, public cloud IaaS service provider Alibaba Cloud and internet infrastructure protocol PlatON, will co-host HAPathon 2023, a Web3 global startup competition held from March to April 2023 in four major Asia cities – Singapore, Bangkok, Tokyo, and…

Photo Credit: Gary Lerude / CC by 2.0 China’s government is buying shares in Alibaba, ByteDance, Tencent, and other tech companies to give the CCP special rights over certain business decisions.The Chinese government is buying shares, usually a 1% holding in a vital area, in tech companies like Alibaba, ByteDance,…

Asia In Brief Singapore-based superapp Grab has a client for its maps-as-a-service venture, GrabMaps: Amazon Web Services. The cloud colossus has added GrabMaps as an option to the Amazon Location Service that allows developers to add geospatial data and location functionality to applications. "Amazon Location Service adds a new data…

© Reuters. FILE PHOTO: A logo of Tencent is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang BEIJING, China (Reuters) -China has acquired minority stakes with special rights in two domestic units of tech giant…

Leading Chinese tech firm Alibaba announced it would donate 125 million yuan ($18.4 million) to equip more than 600,000 village clinics with two oximeters, basically achieving full coverage in rural areas. Oximeters, the medical devices assessing patient oxygen levels, became more necessitous for elderly people especially in rural areas since…

Mumbai: China's Alibaba Group has sold about a 3% stake in One97 Communications, the parent entity of leading Indian mobile payments and financial services company Paytm, for ₹1,031 crore through a block deal on Thursday. According to block deal data on the NSE, Alibaba.com sold 19.2 million shares at ₹536.95…

Digital payments firm Paytm saw its stock decline markedly after a shareholder offloaded 19.20 million shares. Paytm shares suffered an 8.8% decline on Thursday following a series of block deals recorded by parent One97 Communications Ltd. According to reports, roughly 19.20 million shares or a 3% stake in the digital…

On Tuesday, Tencent super app WeChat blocked users from accessing links to ByteDance-owned short video app Douyin, according to local media outlet Yicai. Users were no longer able to access the TikTok sister app by clicking on or copying Douyin links within WeChat, though links to Alibaba’s online shopping platform…