Ford’s giant ‘car vending machine’ is now open for business in China

We first heard about the extraordinary “car vending machine” at the end of last year. Now, Ford and Alibaba, who teamed up to design the system, have flipped the switch on the...

Genetic testing startup Prenetics gets $40M from investors, including Alibaba’s Hong Kong fund

Prenetics, a genetic testing startup, plans to expand into more Asian countries after raising a $40 million Series B led by Beyond Ventures and Alibaba...

Alibaba is leading a $27M investment in open source database startup MariaDB

Alibaba has spent 2017 pushing its cloud computing business and now it is preparing to make its first major investment in a Western startup in...

Alibaba’s Ant Financial partners with Hutchison to develop its Alipay service in Hong Kong

Ant Financial, the Alibaba affiliate that operates payment service Alipay and other digital finance products, has continued its Asia expansion with a move into Hong...

Nvidia picks up Alibaba and Huawei as partners for smart city platform

Nvidia’s Metropolis AI smart cities platform sounds like a story arc for DC’s superman comics, but it’s actually a GPU-based intelligent monitoring tool that can...

Southeast Asia games firm Sea, formerly Garena, files for $1 billion US IPO

Southeast Asia-based games and e-commerce firm Sea, formerly known as Garena, has officially filed for its much-anticipated U.S. IPO. The company, which is valued at...

SoftBank Group will buy a 5% stake in ZhongAn, China’s first online-only insurance agency

SoftBank Group has agreed to be a cornerstone investor in the initial public offering of ZhongAn, China’s first online-only insurance agency, on the Hong Kong...

Alibaba debuts ‘smile to pay’ facial recognition payments at KFC in China

China is streets ahead when it comes to digital payments. The latest leap is facial recognition technology that allows a customer to pay by literally...

GoGoVan becomes Hong Kong’s first $1 billion startup following merger deal

At our TechCrunch China event in June we discussed the bright future that Hong Kong’s startup scene has, despite some big challenges. This week the...

Beyond Amazon and Alibaba: what’s next for e-commerce?

Hans Tung is a managing partner at GGV Capital. More posts by this contributor: How do you outsmart an 800 lb gorilla?  E-commerce retailers in...