Shares of Tencent-backed J&T Express fall in lackluster Hong Kong debut

[ad_1] Courier handing over package asking female customer to do electronic signature, delivering, receiving, efficiency 10’000 Hours | Digitalvision | Getty Images Shares of Indonesia’s J&T Express fell 1.33% when…

With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023

[ad_1] Chinese and US flags fly outside a hotel during a 2012 U.S. presidential election results event organized by the US embassy in Beijing on November 7, 2012. Ed Jones…

Alibaba, Tencent among investors in China’s rival to OpenAI with $341 million funding

[ad_1] An undated conceptual illustration of China’s technology aspirations. Yaorusheng | Moment | Getty Images Chinese technology giants including Alibaba and Tencent are among backers of Zhipu, the company said…

Apple CEO Tim Cook makes surprise visit to China as iPhone 15 gets off to a challenging start

[ad_1] Apple CEO Tim Cook holds up a new iPhone 15 Pro during an Apple event on Sept. 12, 2023, in Cupertino, California. Justin Sullivan | Getty Images News |…

China targets 50% boost in computing power as AI race with U.S. ramps up

[ad_1] An undated conceptual illustration of China’s technology aspirations. Yaorusheng | Moment | Getty Images China plans to increase its computing power by 50% by 2025, the country’s key ministries…

Tencent investors Naspers and Prosus announce abrupt departure of CEO Bob van Dijk

[ad_1] In June, the Dutch-based e-commerce investor, Prosus, which is majority-owned by South African multi-national Naspers won shareholder and regulatory approval to unwind its complex ownership. The South African Reserve…

Alibaba CEO warns of being ‘displaced’ if the Chinese tech giant doesn’t keep up in AI

[ad_1] Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba…

Tencent releases AI model for businesses as competition in China heats up

[ad_1] Chinese tech giant Tencent is launching its artificial intelligence model “Hunyuan” for business use at an annual summit on Thursday, Dowson Tong, CEO of the cloud and smart industries…

China’s Tencent misses expectations despite fastest profit rise since late 2021

[ad_1] Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent on…

From banking giants to lending up-and-comers — here are the world’s top 200 fintech companies

[ad_1] From across the globe, spanning a diverse range of applications in finance — these are the world’s top 200 fintech companies. Together, CNBC and independent market research firm Statista…