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Deals, joint ventures & alliances
Synagie inks deal with China's Weimob to help Southeast Asian SMEs penetrate China's e-commerce market
SINGAPORE (June 10): Synagie Corporation, the e-commerce enabler, announced that it has signed an agreement with a wholly-owned subsidiary of Weimob to offer its integrated cross-border e-commerce and advertising solutions that will help SMEs in Southeast
June 10, 2019
Tencent-backed Sea to raise US$1.35 bil in US share sale
(Mar 6): Sea, operator of Southeast Asia’s biggest gaming platform, has raised US$1.35 billion ($1.83 billion) after increasing the size of a follow-on stock offering.
March 06, 2019
Disruption and Digitalisation
Super Apps, Asia's new innovation, to change cities, economies
SINGAPORE (Nov 7): The ability to communicate, shop online, order rides, read books, play games, get food delivery and pay for anything within a single, unified smartphone app is Asia’s defining innovation, technology leaders said at Bloomberg’s New E
November 07, 2018
Fintech
You can now WhatsApp, WeChat your DBS relationship managers
(Sept 11): DBS Group Holdings, Southeast Asia’s biggest bank, unveiled a service that will allow wealthy clients to interact with their relationship managers on WeChat and WhatsApp.
September 11, 2018
Global Markets
Technology is modernising China’s Lunar New Year holiday
BANGKOK (Feb 15): In many ways, China’s Lunar New Year holiday is America’s Thanksgiving, Christmas and Independence Day all rolled into one.
February 15, 2018
Tech
How Tencent became an internet giant
SINGAPORE (Jan 15): For years, Chinese internet companies such as Tencent Holdings, Alibaba Group Holding and Baidu have had an unfair advantage over their Western counterparts such as Google parent Alphabet, Facebook and Amazon.com in that China’s lax
January 25, 2018
Tencent buys 4.95% stake in China's leading investment bank for $493 mil
SINGAPORE (Sept 21): Tencent Holdings is coming for your dollars.
September 21, 2017
Tech
Hong Kong's stock fortunes are tied to Tencent like never before
HONG KONG (May 23): Tencent Holdings Ltd. has become the undisputed ruler of Hong Kong stocks.
May 23, 2017
Tech
China’s web giants expected to post sales growth above 40%
HONG KONG (May 17): China’s internet titans are set to supply ample evidence that online spending continues to defy a slowdown in the world’s second largest economy.
May 17, 2017
Fintech
Faster frappuccinos in China as Starbucks joins WeChat payments
(Dec 8): WeChat lets users text friends, post selfies and pay a gas bill with a smartphone. From today, the blockbuster Chinese app, known as Weixin Pay in China, can also be used to buy a Java Chip Frappuccino.
December 08, 2016