PayPal Gains Foothold in China Through GoPay Acquisition
PayPal has completed its acquisition of a 70% equity stake in GoPay, making PayPal the first foreign payment platform to provide online payment services in China.
12/23/20192 min read
Category: Industry
Showing 12 of 6380 posts in this category
Baidu CEO: AI-Driven “New Infrastructure” and Three Stages for AI
Robin Li, co-founder and CEO of Baidu Inc., gave a keynote speech themed “New Infrastructure, The New Starting Point of Artificial Intelligence” at the WAIC cloud summit on July 9.
7/10/20203 min read
ByteDance Has Initiated at Least Four Chip Projects
ByteDance has activated at least four chip projects, including AI chips, server chips, FPGA NIC (intelligent network card in Field Programmable Gate Array or FPGA) and RISC-V.
7/26/20222 min read
Trip.com Group Forms Partnership with China International Culture Association
On November 17, Trip.com Group signed a three-year Memorandum of Understanding with the China International Culture Association to promote inbound tourism.
DJI Launches Educational Battle Bot RoboMaster S1
Chinese tech company DJI, known for their aerial photography and videography, has put drones aside to introduce its first-ever robot built explicitly for education—the RoboMaster S1.
Envision Digital Secures $210M in Round-A Financing
Envision Digital, a Singapore-based green tech firm, announced on Tuesday that it has finished round-A financing totaling $210 million, led by Sequoia China and backed by Singaporean sovereign wealth fund GIC.
6/9/20222 min read
Spark Education Denies Rumors of Bankruptcy, Claims Stable Operations
In a statement on Thursday, Spark Education said it has deposited all tuition collected in advance in the banks as regulated, and promises "not to spend a penny of this money."
10/22/20212 min read
Huawei CFO’s First Victory in Extradition Fight
Lawyers for Huawei’s CFO, Meng Wanzhou, have won a court battle after a judge asked Canada’s attorney general to hand over more evidence and documents relating to her arrest.
12/11/20192 min read
OnePlus Founder Pete Lau Joins OPPO’s Co-investor as Senior Vice President, Remains as OnePlus CEO
Pete Lau will serve as senior vice president and chief product experience officer of Guangdong Oujia Holdings Co., Ltd.
Alibaba Cloud Releases Machine Learning Algorithm Platform on Github
Alibaba Cloud announced that the source code of Alink, its self-developed algorithm platform, has been made available via open source on Github, the world’s largest developer community.
11/28/20192 min read
CATL to Invest 13.5 Billion Yuan in Building a Lithium-Ion Battery Plant in Yichun, China
On Monday, leading Chinese battery firm Contemporary Amperex Technology Co., Limited (CATL) announced plans to invest a maximum of 13.5 billion ($2.09 billion) in building a new lithium-ion battery plant in the city of Yichun.
9/14/20212 min read
Alipay Uses Technology to Create Social Impact
Alipay released its second sustainability report on May 20 in Beijing. The report is titled “Moving towards a better society for the future”, and lists the company's initiatives and achievements from 2017 and 2018 that had positive social impacts.