The planned acquisition follows the Chinese financial technology group’s purchase of Singapore-based payments firm 2C2P

Some large Indian private and state-run lenders disbursed amounts related to employee benefit schemes directly to staff's CBDC wallets, instead of their salary account in December

Tencent and Netease shares rose after China removed a senior regulatory official and a state media commentary called for officials to end their 'erratic' oversight of the platform sector

Criticism comes after the Netherlands restricts export licence for top chip-machine maker, to prevent them being exported to Chinese firms

The milestone comes just three months after the chatbot was opened to the public following months of trials and scrutiny from Beijing

The Chinese tech giant plans to focus on its device business over the coming year, while increasing the efficiency of its overall operations to counter geopolitical uncertainty

Beijing court rules that Alibaba's e-commerce practice known as 'choosing one from two' was an monopolistic abuse that caused JD.com severe damage, its rival said on Friday

Company says the GeForce RTX 4090 D, which will be available next month, has been designed to fully comply with US government export controls

The ET9, which is still a year away from delivery, features self-developed tech such as an autonomous driving chip, a 900-volt electric drive for fast charging and large cylindrical battery cells

Beijing has condemned a US plan to review procurement of mature-node chips from China, as it likely fears the move will create further upheaval in its volatile chip sector

The new rules, which effectively set spending limits for online games, dealt a big blow to the world's biggest gaming market. Tencent shares tumbled 12.3%, while Netease plunged 24%

Wu now leads the overall group as well as its two most important business divisions – cloud and domestic e-commerce