Alibaba

(Source: Pandaily) On September 9, an official announcement issued by the Shanghai Stock Exchange showed that the initial listing of AI firm Megvii Technology on the Science and Technology Innovation Board has been approved. Megvii proposed to raise 6.018 billion yuan ($934.6 million) in the transaction. According to its updated…

(Source: Teda.gov) According to Bloomberg, LinkDoc Technology Limited, a medical data platform company backed by Alibaba Group, plans to lead a $200 to $300 million financing round before its upcoming IPO in Hong Kong. A person familiar with the matter said such a plan is still under discussion and no…

Also, Nova nets US$10 million, Alibaba's Taobao-like social commerce firm banks US$8m, Ronnie Screwvala to invest in Lido Learning, and more.Read More

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Hi there. It’s Brady again. If you’re reading this, then you’ve been following our coverage of the alleged rape committed by a former Alibaba manager. You probably also read about how sexually explicit “ice-breaker” games were part of the orientation process for some new hires of the company. Police in…

Chinese bicycle sharing startup Hello Inc, which is backed by Jack Ma’s Ant Group, is trying to raise funds at a lower valuation, just a month after scrapping its U.S initial public offering plans, Bloomberg News reported on Wednesday. The company is seeking to raise between $100 million and $300…

The Alibaba Cloud x KrASIA Global Startup Accelerator brings together new technologists, venture capitalists, and other players across Asia to identify startups that are compatible with Alibaba’s ecosystem. The inaugural Demo Day, which looked to highlight startups focused on Malaysia, was well-received in Southeast Asia. Representatives from Alibaba, Vision Plus…

Where did BitGo come from? In all of this time covering El Salvador’s Bitcoin Law, the name wasn’t in the picture. Now, all of a sudden, Forbes claims that BitGo’s technology is behind the controversial Chivo wallet. How and when did this happen? Or, more importantly, is this real news…

TAIPEI—Chinese authorities said the actions of a manager with e-commerce giant Alibaba Group Holding Ltd. accused of sexually assaulting a co-worker didn’t rise to the level of a crime, dropping a case that had drawn widespread public attention and sent Chinese tech companies scrambling to implement sexual-harassment policies. District prosecutors in the…

NFTs seem to have escaped Beijing’s ire for anything decentralized, and Sino Global Capital thinks there is more growth coming for NFTs in China. The asset class has been adopted by a number of wealthy Chinese people, and AliBaba has also set up an NFT exchange. In addition to Alibaba,…