Alibaba plans units for expansion
In its last quarterly earnings, the company announced its annual active consumers overseas reached 285 million.
Corporate Buzz
Cathay says liquidity healthy, too early to assess Omicron jolt
Cathay expects its second-half financial performance to show considerable improvement from the HK$7.6 billion loss in the first six months of the year.
Grab to list on Nasdaq after Altimeter investors approve Spac merger
The merger is one of the largest special purpose acquisition company (Spac) deals ever, valuing the combined entity at nearly US$40 billion.
Samsung to produce mobile phones in Pakistan
The company aims to manufacture around 3 million handsets every year.
NetEase’s music app raises $422m in HK IPO
Cloud Village revived plans for an IPO after putting the listing on hold earlier this year, delaying it just days after the company began gauging investor demand.
Asia Pacific Rayon unveils ambitious 2030 sustainability agenda
The Riau-based company also helps eradicate extreme poverty within a 50-km radius of their operations.
11 shopping tips for Lazada 11.11 Biggest One-Day Sale
Lazada is giving away three Nissan Almera Turbo cars, millions worth of prizes, and more
Japan’s SoftBank sinks into losses over China investments
SoftBank said the recent crackdown in China on the technology sector weighed on Chinese share prices
Honda to roll out electric scooter for delivery services
The automaker hopes that the Gyro Canopy e: scooter will appeal to delivery service providers enjoying strong demand from people staying home amid the coronavirus pandemic.
