This story is published in a content partnership with POLITICO. It was originally reported by Laurens Cerulus on politico.com on July 7, 2020.Global telecoms giant Deutsche Telekom strengthened its strategic partnership with Huawei last year despite gr...
Cambricon Technologies, one of China’s most valuable artificial intelligence (AI) chip start-ups, said it will raise 2.58 billion yuan (US$367.7 million) in its Shanghai initial public offering, after setting the listing price at 64.39 yuan per share.T...
Social media giants’ reluctance to hand over user data to Hong Kong police in national security cases could prompt the government to block their sites in a worst-case scenario or see them relocate, analysts warned, as the firms presented, for now, a un...
Samsung Electronics reported better-than-expected profits after surging internet traffic propelled chip demand and gadget sales started recovering from the Covid-19 slump.The world’s largest manufacturer of memory chips and smartphones posted operating...
Ride-hailing giant Uber Technologies has agreed to acquire food delivery service Postmates in a US$2.65 billion all-stock takeover expected to be announced as soon as Monday morning in the United States, according to people familiar with the matter.Ube...
Chinese flexible display maker Royole Corp is weighing an initial public offering in China, while its planned US listing is put on hold, according to people familiar with the matter.Royole had filed confidentially for a US IPO that could raise about US...
Chinese live-streaming service providers Huya and DouYu are poised to help drive the expansion of cloud-based gaming in China, according to analysts, as the two companies entice more players to access sophisticated desktop computer and console video ga...
US semiconductor maker Intel Corporation has resumed supplies to Chinese server giant Inspur Group following a brief suspension after the US Department of Defence released a list of 20 companies – including Shanghai-based Inspur – which it said were ow...
Gojek, Indonesia’s largest start-up, said that ride-hailing and transport services around the world have been severely affected by Covid-19 while food delivery has been more resilient – although consumer demand and merchant needs are constantly shiftin...
JD Digits, the financial technology arm of e-commerce giant JD.com, is preparing for its initial public offering (IPO) in Shanghai’s Star Market, joining waves of Chinese firms pursuing fundraising on the Nasdaq-style tech board.Four Chinese investment...
