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Search Result for “Alibaba”

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BUSINESS

Thailand targets global AI hub status

Business, Suchit Leesa-nguansuk, Published on 28/02/2026

» Thailand is uniquely positioned to become a global artificial intelligence (AI) and digital infrastructure hub as it has already attracted a potential 5 gigawatts of data centre capacity, representing hundreds of billions of baht in infrastructure investment, by leveraging its geopolitical neutrality amid rising international tensions, says the Digital Council of Thailand (DCT).

BUSINESS

CP AXTRA spearheads retail technology

Business, Kuakul Mornkum, Published on 27/02/2026

» Amid rapidly changing customer behaviour, retail and wholesale businesses face new challenges. Shoppers are more sophisticated, embracing omni-channel retail as they shift buying habits, requiring operators to rethink their operational strategies.

BUSINESS

Malaysia draws first data centre protest over pollution, water

Bloomberg News, Published on 08/02/2026

» JOHOR — The rapid increase in data centres in Malaysia came under the microscope on Saturday, with the AI-driven buildout drawing its first public protest in the Southeast Asian country.

BUSINESS

DeepSeek gets OK to buy H200s

Business, Published on 31/01/2026

» China has given its top AI start-up DeepSeek approval to buy Nvidia's H200 artificial intelligence chips with regulatory conditions ‌that are still being finalised, two people familiar with the matter told Reuters.

BUSINESS

Temu parent sacks dozens after brawl with Chinese regulators

Published on 17/12/2025

» PDD Holdings Inc, the parent of the popular e-commerce platform Temu, has fired a government relations team in Shanghai following a fistfight between employees and visiting Chinese regulators, according to people familiar with the matter.

BUSINESS

Private funding in Southeast Asia digital economy lags global level

Reuters, Published on 11/11/2025

» SINGAPORE — Private funding for Southeast Asia's internet economy grew 15% from a year earlier to US$7.7 billion in the 12 months to June 2025, lagging the global growth rate of 25% for private equity and venture capital investments, an industry report said on Tuesday.

BUSINESS

Indonesia ponders Grab-GoTo merger

Published on 07/11/2025

» JAKARTA - Indonesian authorities are discussing a possible merger or acquisition involving the ride-hailing and food delivery giants Grab and GoTo, the presidential spokesperson said on Friday.

BUSINESS

CP AXTRA launches tech and retail partnership with Chinese firm Cainiao

Business, Kuakul Mornkum, Published on 05/11/2025

» SET-listed CP AXTRA, an operator of Asia's leading wholesaler and retailer Makro and Lotus's, has entered into a strategic partnership with Cainiao, a global leader in e-commerce logistics under Alibaba Group, to co-develop advanced digital solutions that accelerate CP AXTRA's retail technology journey across Thailand and the Southeast Asian market.

THAILAND

CP AXTRA Partners with Cainiao to Accelerate Retail Tech

Published on 03/11/2025

» SET-listed CP AXTRA Plc, operator of Asia’s leading wholesale and retail brands Makro and Lotus’s, has entered a strategic partnership with Cainiao, Alibaba Group’s global logistics and e-commerce technology leader, to co-develop advanced digital solutions aimed at accelerating its retail technology journey across Thailand and Southeast Asia.

BUSINESS

Brokerage expects SET to rise 5% by year-end

Business, Nuntawun Polkuamdee, Published on 30/10/2025

» Asia Plus Securities (ASPS) has maintained its Thai stock market index estimate for year-end 2025 at 1,376 points, about 5% higher than it is now, expecting foreign fund inflows to gradually return as the global interest rate downtrend begins, although an artificial intelligence (AI) bubble in overheated US tech stocks could trigger volatility.