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China to lead global autonomous vehicle market valued at $1 trillion

A UK-based financial services firm has claimed that China has stolen a march on other countries, and will lead the…

Chinese technology conglomerate acquires 12% stake in Snapchat

Chinese technology and media conglomerate Tencent Holdings Ltd have formally announced that they have invested almost $2 billion to acquire…

Chinese smartphone manufacturer enters European market as part of new global strategy

Chinese smartphone manufacturer Xiaomi has entered the European market for the first time following its announcement that its devices are…

Ride-hailing firm launches e-wallet in Singapore

Singapore ride-hailing firm Grab has announced that it will launch an e-wallet in a bid to expand its services beyond…

Swiss firm to deploy its IoT blockchain technology in selected ‘smart cities’ in China

WISeKey, a digital information security, authentication and identity management company based in Switzerland has announced that its Internet of Things…

India’s efforts at becoming leading smartphone manufacturer stalls over rigid tax regime

India's ambitious efforts to become a leading smartphone manufacturer has stalled due to a combination of factors - which range…

Hong Kong start-up receives US investment of $115m to expand services across Asia

A Hong-Kong based start-up firm has announced that it has received $115m from US investors following a financing-round which was…

Mexican government announces deal with Chinese e-commerce giants Alibaba

The Mexican government has formally announced that it has secured a deal with Chinese e-commerce colossus Alibaba Group Holding in…

Australian business delegation expresses interest in India’s ‘smart cities’ program

An Australian business delegation has announced its interest in investing and exploring potential opportunities that may arise from India’s nationwide…

Chinese e-commerce leaders double profits as phenomenal success continues

Chinese e-commerce giants Alibaba has enjoyed another incredible financial quarter as it overseen its profits double - as its phenomenal…

Samsung set to invest $7 billion in its NAND chip business in China

South Korean conglomerate Samsung Electronics has formally announced that it plans to invest $7 billion in its NAND memory chip…

Chinese vendor reports 30% rise in first-half profit on 4G and handsets

Chinese telecommunications colossus ZTE has attributed its first-half net profit success to its investment in 4G infrastructure and handsets. The…