Tag Archive

Pakistan at a venture crossroads ( Part II )

By ChinaPulse.com

People work at their stations at the National Incubation Centre (NIC), a start-up incubator, in Lahore. — AFP/File
Pakistan’s startup and venture landscape is very much in its infancy. Only in the last decade have networks of formal early-stage investo…

Jack Ma is praising Alibaba. Wall Street is more cautious

By ChinaPulse.com

Alibaba shares got a boost last week from news founder Jack Ma is pleased with the company’s turnaround so far. That’s after co-founder and current Chair Joe Tsai told CNBC in late February he felt a lot more “confident” about A…

Chinese automaker launches world’s first EV with ‘semi-solid-state’ battery

By ChinaPulse.com

In a promising step towards the evolution of next-generation electric vehicles (EV), Chinese car maker IM Motors has launched a car that features a version of solid-state batteries.
The battery pack, dubbed “Lightyear” by IM, is the primary power sourc…

UBS Weighs Credit Suisse China Stake Swap With Beijing Government

By ChinaPulse.com

(Bloomberg) — UBS Group AG is in discussions to attain full ownership of its China platform by swapping its holding in Credit Suisse’s onshore securities venture with a Beijing government investment fund, according to people familiar with the mat…

Forget Nvidia: 3 Prominent Billionaire Investors Are Selling It and Buying These 6 Value Stocks Instead

By ChinaPulse.com

Over the last three decades, Wall Street has enjoyed no shortage of next-big-thing investment trends. Following the advent of the internet, a number of game-changing innovations have taken shape, including genome decoding and blockchain technology, to …

China’s internet giants snap up their own shares to boost flagging stock market value

By ChinaPulse.com

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.
Hong Kong CNN —
Chinese internet giants are buying back their shares at a record pace, as they tr…

Chinese e-commerce giant squeezes workers with noncompete agreements

By ChinaPulse.com

For Chinese tech workers, jobs at e-commerce behemoth PDD Holdings are highly sought after. The pay at the company, a challenger to Alibaba and parent to Temu, is relatively generous and a position there lifts any résumé.…
This data comes from th…

GGV Asia Mulls Expansion Into Private Credit After Split with US

By ChinaPulse.com

(Bloomberg) — Fresh off a split from its US counterpart, the Asia business of venture-capital firm GGV Capital is considering raising money to invest in private debt for the first time, according to people familiar with the matter.…
This da…

Claude takes the top spot in AI chatbot ranking finally knocking GPT-4 down to second place

By ChinaPulse.com

Claude 3 Opus, the next-generation artificial intelligence model from Anthropic has taken the top spot on the Chatbot Arena leaderboard, pushing OpenAI’s GPT-4 to second place for the first time since it launched last year.…
This data comes from …

Chinese investors are loading up on bitcoin, which may help explain the cryptocurrency’s dazzling rise

By ChinaPulse.com

Explaining bitcoin’s dazzling rise has always been a fool’s game. Scarcity (bitcoins are limited by design to 21 million), gambling gone mad, utility, inflation hedge, global market acceptance, voodoo. All these possibilities and more have been cited f…