Showing 1-10 of 29 results
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Google to invest in China e-commerce site JD
Bloomberg News, Published on 18/06/2018
» SYDNEY/SINGAPORE: Google is investing $550 million in cash in China’s JD.com Inc as the US search giant pushes deeper into online commerce.
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Singapore builds AI model to 'represent' Southeast Asians
Bloomberg News, Published on 08/02/2024
» SINGAPORE - Like millions worldwide, Southeast Asians have been trying out large language models (LLMs) such as Meta's Llama 2 and Mistral AI - but in their native Bahasa Indonesia or Thai. The result has usually been gibberish in English.
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Alibaba injects $845m into SE Asia unit Lazada
Bloomberg News, Published on 20/07/2023
» SINGAPORE: Alibaba Group Holding Ltd injected US$845 million into Lazada, its online retail business in Southeast Asia that is facing intensifying competition from rivals such as Sea Ltd and Amazon.com Inc.
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Jack Ma gives up power, escapes Beijing’s crosshairs
Bloomberg News, Published on 29/07/2022
» Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the entrepreneur as he steps back from a business empire that had made him one of the country’s most powerful people.
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Shopee owner Sea Ltd cuts jobs in shopping, food
Bloomberg News, Published on 14/06/2022
» Sea Ltd is making its first major job cuts in areas spanning shopping and food, joining other tech firms downsizing this year in anticipation of unprecedented market and economic volatility.
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Govt mulls first tax on stock trading in 30 years to cut budget gap
Bloomberg News, Published on 26/01/2022
» The government is considering taxing stock trading for the first time in more than three decades, along with making crypto traders part with a share of their profits, as the government hunts for revenue to fund billions of dollars in pandemic relief.
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World’s biggest Ikea opens in Philippines as part of global push
Bloomberg News, Published on 25/11/2021
» Ikea opened its biggest store in the world in the Philippines, with the new 730,000 square foot facility in Manila a cornerstone of the home-furnishings giant’s expansion plans in Asia.
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SE Asia digital economy to reach $363bn by 2025
Bloomberg News, Published on 10/11/2021
» Southeast Asia’s booming internet economy is set to double to $363 billion by 2025, eclipsing the previous forecast of $300 billion, research from Google, Temasek Holdings Pte and Bain & Co shows.
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Central pilots cryptocurrency coin for its malls
Bloomberg News, Published on 28/10/2021
» Central Retail Corp, Thailand’s biggest shopping center developer, is piloting a digital currency among its employees with plans to expand the offering to customers and the public once the so-called sandbox phase is complete.
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Richest families in SE Asia look for the next unicorn
Bloomberg News, Published on 18/10/2021
» Some of Southeast Asia’s old-money tycoons are boosting investment in technology startups, looking to ride a wave of surging valuations as they seek to counter the fallout of the pandemic on businesses ranging from retail to hospitality and manufacturing.
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