FeaturedFintechLatam giant embraces Ant’s approach to rev up epaymentsWebAdminOctober 21, 2020 by WebAdminOctober 21, 2020 Mobile payments market in Latin America is predicted to reach $302.7 billion by 2025... Read more
FeaturedLogisticsCainiao, Atlas Air to enhance cross-border logistics in LatamPritam BordoloiOctober 14, 2020 by Pritam BordoloiOctober 14, 2020 Atlas Air will operate three weekly charter flights dedicated to Cainiao... Read more
FeaturedLogisticsChina’s BEST launches cross-border logistics services with MalaysiaPritam BordoloiSeptember 23, 2020 by Pritam BordoloiSeptember 23, 2020 The services are launched in partnership with Cainiao Smart Logistics Network... Read more
LogisticsCainiao, Alibaba’s logistic arm, to expand last mile network in SingaporePritam BordoloiSeptember 17, 2020 by Pritam BordoloiSeptember 17, 2020 The network will comprise over 1,600 collection points, 600 couriers and 500 lockers island-wide... Read more
TechnologyAlibaba to invest $3 bn in Singapore’s ride-hailing giant GrabPritam BordoloiSeptember 15, 2020 by Pritam BordoloiSeptember 15, 2020 The ecommerce giant will acquire some of the Grab stock held by Uber... Read more
FeaturedTechnologyAlibaba to invest $28 bn in cloud computing in the next three yearsInternational Finance Business DeskApril 20, 2020April 20, 2020 by International Finance Business DeskApril 20, 2020April 20, 2020 The decision is influenced by the growing demand for services such as video conferencing and live streaming... Read more
AviationFeaturedEthiopian Airlines cancels operations to over 80 destinationsInternational Finance Business DeskMarch 31, 2020 by International Finance Business DeskMarch 31, 2020 The airline will continue flying to Hong Kong and Washington... Read more
FintechAnt Financial acquires ‘significant’ stake in Vietnam’s eMonkeyPritam BordoloiDecember 20, 2019 by Pritam BordoloiDecember 20, 2019 Despite having an office in Vietnam, Ant Financial has invested in eMonkey because it has an operating license from the State Bank of Vietnam... Read more
FintechAlibaba-backed WeLab secures $156 mn funding to invest in R&DPritam BordoloiDecember 13, 2019 by Pritam BordoloiDecember 13, 2019 The fintech startup has received the funding from Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank... Read more
Oil & GasAramco raises $25.6 bn in IPO with shares priced at $8.53International Finance DeskDecember 6, 2019January 24, 2020 by International Finance DeskDecember 6, 2019January 24, 2020 Aramco is expected to achieve a valuation of $1.7 trillion... Read more