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Tencent invests USD 63 mln into Flipkart amid China row

News | Ecommerce | 18 Sep 2020

China-based technology conglomerate Tencent has invested nearly USD 63 million in Flipkart, according to regulatory filings of the holding company in Singapore.

Tencent, investment, Flipkart, Walmart, funding, foreign direct investment, FDI, PUBG Mobile Lite, WeChat Reading, WeChat Work, Tencent Weiyun, Alibaba Group, Paytm, BigBasket, India

Alibaba wins two new patents to secure its blockchain deployments

News | Cryptocurrencies | 23 Dec 2019

Alibaba Group, the Chinese internet giant, has won two US patents designed to make its blockchain network safer and faster.

Alibaba Group, blockchain, patents, safe, secure, fintech, China, technology, innovation, transactions