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Tencent-Backed TymeBank Seeks $150 Million Before Possible IPO
Bloomberg via Yahoo Finance UK· 4 days ago(Bloomberg) -- TymeBank, a South African digital bank backed by China’s Tencent Holdings Ltd., is...
How three MIT scientists and Tencent's backing created Hong Kong's new investor darling
South China Morning Post via Yahoo Finance UK· 2 days agoNine-year-old QuantumPharm, which began trading on Thursday, raised nearly HK$1 billion (US$128...
Tencent-Backed AI Drug Discovery Startup Xtalpi Rises In Hong Kong Debut
Forbes· 3 days agoXtalpi’s IPO attracted cornerstone investors including firms controlled by Peter Lee, co-chairman of...
China's AI giants cosy up to virtual companions as loneliness drives chatbot revenue
South China Morning Post via Yahoo Finance UK· 2 days agoChinese technology giants Baidu, Tencent Holdings and ByteDance are rushing to join a trend of using...
QuantumPharm becomes Hong Kong's third-largest IPO of 2024 after pricing shares at HK$5.28
South China Morning Post via Yahoo Finance UK· 5 days agoTencent-backed QuantumPharm, an artificial intelligence (AI) drug researcher, has become Hong Kong's...
Chinese AI social media apps see demand rise in overseas markets amid slow mainland adoption
South China Morning Post via Yahoo Finance UK· 4 days agoA number of Chinese artificial intelligence (AI) companies are seeing greater demand for their...
PDD Holdings' Colin Huang and ByteDance's Zhang Yiming top China's tech rich list
South China Morning Post via Yahoo Finance UK· 3 days agoColin Huang Zheng, the 44-year-old founder of PDD Holdings, and Zhang Yiming, the 41-year-old...
Chinese tech stars Alibaba, JD fuel convertible bond surge, likely 'precursor' to IPO rush
South China Morning Post via Yahoo Finance UK· 2 days agoA recent boom in convertible bond sales is kindling hopes that Hong Kong's capital market is warming...
ByteDance to close three 'mini drama' video channels amid competition, regulatory scrutiny
South China Morning Post via Yahoo Finance UK· 2 days agoByteDance, the owner of short video apps TikTok and Douyin, has decided to close three domestic...
ByteDance to Cut 450 Jobs in Indonesia After Tokopedia Deal
Bloomberg via Yahoo Finance UK· 4 days ago(Bloomberg) -- ByteDance Ltd. is slashing about 450 jobs at its Indonesian e-commerce arm in the...