Chat app Line announces plan for cryptocurrency services, loans and insurance

Chat app Line announces plan for cryptocurrency services, loans and insurance

Line, the messaging app with around 200 million monthly users, is embracing bitcoin and other cryptocurrencies to fend off increased competition from Facebook and others. The Japanese company has announced the creation of a new financial services division which will spearhead a move into cryptocurrencies and other services including loans and insurance. Line already operates […]

Google completes $1.1 billion deal for HTC’s design talent

Google completes $1.1 billion deal for HTC’s design talent

Google has announced the completion of its $1.1 billion deal to buy a large slice of HTC’s hardware business. The acquisition was announced back in September 2017 but now it has passed the requisite approvals and is finalized. Beyond the transfer of over 2,000 engineers from HTC — that’s around one-fifth of HTC’s engineering team […]

Alibaba pays tribute to underdogs in major Olympics campaign

Alibaba pays tribute to underdogs in major Olympics campaign

In its first global branding campaign, Alibaba is making a big play for higher international visibility by focusing on “the greatness of small”. Launched for the upcoming PyeongChang 2018 games, the campaign features a cast of multinational athletes who have made, or may make, outsized impacts. The three-part series by BBDO China, which debuted Monday, […]

Malaysia’s capital to adopt Alibaba’s smart city solution

Malaysia’s capital to adopt Alibaba’s smart city solution

Malaysia will be the first country outside China to adopt Alibaba Cloud’s City Brain solution, according to the e-commerce giant. Alibaba Group’s cloud computing arm has teamed up with Malaysian government agencies, Malaysia Digital Economy Corporation (MDEC) and Dewan Bandaraya Kuala Lumpur (DBKL), to introduce its cloud solution to improve the traffic in the country’s capital city […]

Google invests in Indonesia’s ride-hailing leader Go-Jek

Google invests in Indonesia’s ride-hailing leader Go-Jek

Google has confirmed its investment in Go-Jek, the hail-railing service that rivals Uber and Grab in Indonesia. TechCrunch reported the investment earlier this month, which was made alongside China’s Meituan-Dianping and Singaporean sovereign fund Temasek. The trio were part of a final tranche of a $1.2 billion round that Go-Jek began negotiating on last April, […]

ALTBalaji to launch its original content on Reliance Jio’s digital platforms in India

ALTBalaji to launch its original content on Reliance Jio’s digital platforms in India

A week after renewing its partnership with Eros International, Reliance Jio, the Mukesh Ambani-led telecom operator has now joined hands with ALTBalaji, the over-the-top (OTT) content provider, to offer the latter’s content on Jio Cinema and Jio TV – a move aimed at countering Bharti Airtel, which has been making efforts to bolster its content play […]

BuzzFeed to reach audiences in China through licensing deal with Bytedance

BuzzFeed to reach audiences in China through licensing deal with Bytedance

BuzzFeed has signed a licensing deal with China’s Bytedance Technology Co, which will help the American publisher circumvent the country’s firewall and enter the Chinese market. The Chinese publisher owns Toutiao, a news and videos aggregator platform, and Xigua, which focuses on short video clips. It currently has about 200 million daily active users around […]

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