PPLabs eyes capital refresh as losses linger on heavy investments
The computing power provider has filed for a Hong Kong IPO, hoping to attract investors with its surging AI cloud business Key Takeaways: PPLabs has filed to list in Hong…
The end of free AI: Agents drive a new cost reality
AI’s cost structure is changing as it shifts from a tool to an autonomous executor, with both businesses and other users increasingly paying for services By Lee Shih Ta…
BRIEF: Alibaba’s quarterly revenue rises 5% on improving e-commerce monetization
E-commerce giant Alibaba Group Holding Ltd. (BABA.US; 9988.HK) reported on Friday its revenue rose 5% year-on-year to 236.5 billion yuan ($33.7 billion) in the three months to September, its second…
Xunzhong eyes Southeast Asia for relief from China’s stormy cloud
The niche provider of cloud communications services has filed for a Hong Kong IPO, signing DBS as its lead underwriter to raise its profile in Southeast Asia Key Takeaways Xunzhong…
CHINA BULLETIN: Foreign Firms Put New Investments on Hold
In this week’s issue China NEVs hit U.S. speed bump, a beverage legend passes on and coffee is king among China investors. On a scale of 1 to 100, we…
Ant Group Tipped to Revive IPO Plans after Jack Ma Bows Out
Alibaba founder Jack Ma has relinquished control of the company’s financial affiliate, Ant Group, as the firms emerge from a two-year regulatory crackdownKey Takeaways:Ant Consumer Finance has got a green…
Alibaba Logs Slowest Revenue Growth But Investors See Bright Side
Alibaba shares jumped even after it reported the slowest quarterly revenue growth (more…)
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