Food-delivery giant Meituan raises almost US$10 billion as its top-up stock sale fetches top price amid ravenous appetite for Chinese tech deals

Source: South China Morning PostMeituan, China’s dominant food delivery platform, raised almost US$10 billion of additional…

UK assesses national security risk of Nvidia’s deal to buy British chip designer ARM from Softbank

Source: South China Morning PostThe UK government will look into the national security implications of US…

Facebook moves into Clubhouse and Twitter territory with new audio functions

Source: South China Morning PostFacebook Inc is moving more aggressively into audio products, trying to compete…

China wants its tech companies to flourish rather than flounder as market mistakes create value, JPMorgan fund says

Source: South China Morning PostInvestors are making a mistake by taking a short-term view of the…

Amazon’s clash with Tencent killed its Lord of the Rings video game after the Chinese tech giant acquired Leyou

Source: South China Morning PostA dispute between Tencent Holdings and Amazon led the American e-commerce giant…

Gojek co-CEO Andre Soelistyo set to head Indonesian app giant after Tokopedia merger

Source: South China Morning PostGojek co-CEO Andre Soelistyo is set to head the Indonesian app giant…

China’s Meituan raises US$10 billion from sale of shares, convertible bonds in food-delivery giant

Source: South China Morning PostMeituan, China’s largest food delivery platform, is raising about US$10 billion in…

Shanghai Auto Show: Chinese internet search giant Baidu to supply its Apollo self-driving system to 1 million cars in 3-5 years

Source: South China Morning PostChinese internet search giant Baidu expects to supply its Apollo autonomous driving…

China’s propaganda film department prevails against Tencent in copyright infringement cases

Source: South China Morning PostChina’s propaganda department has won three out of four copyright infringement cases…

China EV war: Xiaomi boss stakes legacy on pursuit of Tesla as analysts caution latecomers to party

Source: South China Morning PostBy most yardsticks, Xiaomi founder Lei Jun has lived up to market…

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