July 16, 2021
Bukalapak’s $1.5B IPO Tracking To Be Biggest Offering In Indonesia
Indonesian eCommerce firm Bukalapak increased the size of its initial public offering (IPO) to $1.5 billion and is on track to be the largest public offering in the country, Reuters...
July 16, 2021
Volkswagen Pledges To Follow China’s Data Privacy Laws
Volkswagen will ensure that it fully complies with China’s stringent new data privacy rules, the carmaker said in a briefing on its first-half sales on Friday (July 16). According to...
July 14, 2021
Alibaba Looks To Collaborate With Tencent For Joint Services In...
Chinese tech companies Alibaba and Tencent are considering a collaboration that would share each firm’s offerings as Beijing steps up its crackdown on technology companies, The Wall Street Journal reported on Wednesday, July 14. The crackdown...
July 14, 2021
Alibaba Looks To Collaborate With Tencent For Joint Services In...
Chinese tech companies Alibaba and Tencent are considering a collaboration that would share each firm’s offerings as Beijing steps up its crackdown on technology companies, The Wall Street Journal reported...
July 12, 2021
Paytm Seeks To Raise $268M Ahead Of IPO
The Indian digital payments firm Paytm hopes to raise $268 million in a funding round as it gets ready to go public later this year, Reuters reported on Monday (July...
July 12, 2021
Banking Veteran Carol Grunberg To Lead Innovation, Strategic Partnerships For...
Citigroup has hired Carol Grunberg as head of strategic partnerships and innovation for Citi’s treasury and trade solutions (TTS) division in its Institutional Clients Group. Up to now, Grunberg has...
July 11, 2021
China Blocks Tencent Merger Of Videogame Streaming Companies
The Chinese market regulator, citing antitrust concerns, won’t be letting Tencent Holdings merge two leading videogame streaming sites, DouYu and Huya, Reuters writes. The plans for the eCommerce giant to...
July 09, 2021
Chinese Regulators Mandate Removal Of 25 Other Didi Apps
Chinese regulators, including the Cyberspace Administration of China, mandated that app stores in the country delete 25 apps relating to ride-hail platform Didi, including its financial services application and its...
July 08, 2021
China Tells eCommerce Platforms To Remove Fake Report Merchants
China’s market regulator is asking some eCommerce firms, like Alibaba-owned Taobao and Pinduoduo, to remove online shops with false quality reports, U.S. News reported. In addition, the State Administration of...
