Baidu to Acquire Video Streaming Site JOYY’s Live Streaming Business for $3.6 billion
Baidu, a search engine for China is set to acquire JOYY Inc. , a global video-based social media platform for ...
Tag: China
Microsoft in talks to acquire TikTok’s US Operations by end of September 2020
Tech giant Microsoft has confirmed ongoing talks with ByteDance to acquire its popular social media app TikTok's US operations. TikTok ...
Vodacom partners Alipay to launch fintech super app in SA
Vodacom South Africa has partnered with Chinese top fintech, Alipay, to build a We-chat-like super app for the South African ...
US Federal Communications Commission (FCC) designates Huawei and ZTE as national security threats
Huawei and ZTE have officially been designated as threats to national security by USA's Federal Communications Commission (FCC). US-based companies ...
(Update) India bans TikTok, WeChat among 59 chinese apps due to security concerns
The government of India has decided to ban 59 apps of Chinese origin as border tensions worsen in Ladakh after ...
The U.S. extends Huawei reprieve for 90 days but blacklists 46 more of its affiliates
The reprieve for Huawei Technologies and U.S. companies working with the telecom giant has been extended by the Trump administration ...
Huawei Ban | Will the US ever do business with China’s Huawei again?
Huawei’s 90-day reprieve expires today China's Huawei was banned from doing business with the US earlier this year as the ...
Alipay partners Flutterwave to link its 1 billion users to merchants in Africa
Alipay, an Alibaba-owned mobile payments processor has partnered with Flutterwave, a pan-African payments firm located in SF and Lagos, Nigeria, ...
Behold the Nokia 6, an Android Nougat powered 4G smartphone
HMD Global Oy, the firm which secured the exclusive Nokia brand licensing rights in mobile phones in late 2016, today ...
BitPesa revamps platform, introduces transfers between Africa & China
After raising an undisclosed round of funding in February from BitFury Capital, BitPesa has revamped its platform to make global FX payments easier, ...
China-based Oppo Electronics plans $13 million Smartphone Investments in Egypt
China-based Oppo Electronics is set to invest US$13 million into Egypt's smartphone market, hire 1000 Egyptian employees and set up ...
Nigeria & South Africa offer better trade & customs regulations than India or Brazil
Trade data from the World Bank’s (WB) Enterprise Survey (2014) of 130,000+ firms in 135 countries reveals that sales for export ...
Africa’s labour force poised to grow the most globally by 2020, more than India or China
Africa’s supply of labour, to support new investments in industries such as manufacturing and others, is growing. It is estimated ...
Xiaomi Beats Samsung in China | Crashes India’s Largest Online Store
In little over a year, Xiaomi has risen to become theworld’s largest smartphone vendor beating Samsung in volume terms in ...
China warns Microsoft against blocking antitrust inquiry
China has strongly warned Microsoft that any attempt to frustrate its antitrust probe would have momentous consequences. On Monday, SAIC ...
Alibaba Acquires AutoNavi for $1.5 Billion to Disrupt Digital Mapping
Alibaba Group HQ (-Img Wikipedia) China's e-commerce giant, Alibaba Group has agreed to acquire AutoNavi, digital map ...
Baidu Goes After Alibaba | Buys 59% Of ‘Chinese Groupon’ Nuomi For $160 Million
China's search giant Baidu has said it will buy 59 percent of Nuomi, a top group buying site in China ...
Uhuru Kenyatta Asks China To Invest In Kenya’s $10 Billion Konza Technology City
After signing energy and railway line deals worth $5 billion with China, Kenya's president Uhuru Kenyatta wants China to invest ...
CEO Weekends: BRIC Nations To Be The Market Leaders In Smartphone Shipments
Countries ranked in top five positions in 2018 would account for 51 percent of worldwide smartphone shipments even though the ...
China’s Dongfang Electric To Set Up $100 Million Solar Power Plant In Kenya
China's Dongfang Electric International Corporation (DEC) is set to build a $100,000 solar power plant in Kenya,a move that will ...
China Connects Its Union Pay Cards To Interswitch Payments Network In Nigeria | To Spread Across Africa Gradually
Pan-African integrated payments firm Interswitch Transnational has integrated its payment system with UnionPay International enabling UnionPay cardholders from all over the ...