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Tencent joins Alibaba and Bytedance in making Singapore its new headquarters after India ban and tensions in the US

The Chinese app developer behemoth Tencent Holdings has had a rough month. But, it hopes to turn th…

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China's Instagram-like Xiaohongshu joins the tech layoff bloodbath, cutting about 10% of employees

Xiaohongshu said it's laying off up to 10% of its workforce. The cuts add to the tens of thousands …

Weilun Soon   


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Amid India-China standoff, Tencent is back with an investment in Flipkart

Flipkart has not yet responded to Business Insider’s queries. The story will be updated as a…

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Alibaba shares hit 6-month high after Jack Ma cedes control of Ant Group, amid a broad rally in Asian shares

Alibaba share rose 9% after news emerged that Ma was ceding control of Ant Group, following China's…

Huileng Tan   


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Alibaba will make $730 million from Paytm IPO, Vijay Shekhar will earn $54 million

One 97 Communications — the parent company of digital payments giant Paytm — will launch its initia…

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Flipkart raises its biggest round at a lesser valuation and acquires eBay but is it enough to steer off Amazon?

The e-tailer mentioned that this capital was raised at a post-transaction valuation of $11.6 billio…

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From Paytm to Byju’s to Dream11 ⁠— Chinese investors have big money in India’s biggest startups

Experts believe that this will put a hold on further tech investments in India…

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Alibaba boosts its investment in the 'cloud wars' against Amazon, Google, and Microsoft

Alibaba's cloud division, Aliyun, has signed a series of new partnerships with the likes of Intel a…

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Alibaba reportedly in talks to acquire Shopclues

The media has speculated about Alibaba's interest in Flipkart, however these parleys have stalled o…

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Paytm might raise Rs 2,000 crore in next funding, to be valued at $5 billion

If everything goes as planned, Paytm would be valued at $5 billion, which is more than double of it…

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Why a simple lamp at Asia-Pacific summit swept US President Barack Obama off his feet

Mijeno, an engineer and Greenpeace member came up with what she named the Sustainable Alternative L…

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Snapdeal raises $500 million, eBay sells its stake

Snapdeal has garnered a whopping $ 500 million investment led by Alibaba Group, Foxconn and SoftBan…

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Startups aren’t convinced by SEBI’s listing guidelines. There’s something else they want

Recently, Sebi chairman UK Sinha spent several weeks meeting entrepreneurs before the regulator…

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Andreessen Horowitz is in talks to invest in virtual reality startup Sandbox VR

The game experiences take place in specially designed rooms created by attaching four green screen …

Zoë Bernard,Steven Tweedie   


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Uber's top Chinese rival has reportedly invested in Lyft, Uber's biggest US competitor

Citing sources close to the matter, The Wall Street Journal reports that Lyft has "discussed ways t…

Maya Kosoff   


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Shopee rolls out spending caps for all employees, including economy-only flights and $30 meals, as the company braces for layoffs and financial trouble

Shopee, an ecommerce giant and Southeast Asia's Amazon, is tightening expense policies amid job cut…

Nidhi Pandurangi   


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Zomato has officially pulled out of all international markets

Zomato has pulled the plug on almost all its international businesses, including the United States …

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From Masayoshi Son to Warren Buffett ⁠— some of the world’s biggest billionaires have a stake in the success of Paytm IPO

Paytm is going public after ten years of operation in the Indian market. It was founded in 2010 …

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10 things in tech you need to know today

Jack Ma vanishes, Googlers form a union, and Assange escapes extradition.

Shona Ghosh   


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A Hong Kong stock just plunged 76% in 30 minutes

However, Alibaba delivered a successful debut on the exchange this week, with its stock rising 6.6%…

Yusuf Khan