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Tencent wants to bring more financial services to its video users and expand its fintech presence in China.
Huya’s parent company and largest shareholder booked an 83.1% net income slump due to to the company’s overseas expansion effort.
The firm recently obtained the fund transfer license from the Central Bank of Indonesia.
Online service Tuhu, valued at USD 1.1 billion, seeks USD 400m in new financing.
This round comes as Xpeng plans to launch its P7 sedan in spring 2020.
The nod clears the way for Hangzhou-based Alibaba to start a weeklong roadshow from November 13 to garner interest from global investors.
Are the company’s rosy sales numbers too good to be true?
The world’s largest online shopping gala sheds a light into Chinese consumption.
Alibaba uses this technology to identify and solve the trust issue between customers and merchants.
Paytm typically invests USD 28 million to 35 million every year in acquiring or investing in technology companies.
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