AI China Cloud Alibaba Invests Over US$50 Billion to Drive AI and Cloud Expansion by 2028By Fintech News Hong KongFebruary 25, 2025 Alibaba Group (9988.HK) revealed plans to invest over 380 billion yuan (US$52.44 billion) into its cloud computing and artificial intelligence…
China ByteDance’s Fintech Ambitions in Tatters Amid China Clampdown on BigtechsBy Fintech News Hong KongSeptember 21, 2021 TikTok’s owner ByteDance said on September 01, 2021 that it plans to scale back its fintech business and sell its…
