Talented young minds from universities in China, Spain and Singapore have been hailed as winners of the 2023 Alibaba Global E-commerce Challenge organized by Alibaba International Digital Commerce Group (AIDC) after a series of rigorous competitions.
On March 31st, Luckin Coffee opened two new stores in Singapore and entered the trial operation phase.
Alibaba denied a rumor that it is planning to build global headquarters in Singapore, adding that the firm had participated in the construction of a joint facility in 2019 to provide office space for various Southeast Asian business units under Lazada and other subsidiaries.
Recently, on JobStreet, a recruitment website in Southeast Asia, Chinese coffee chain Luckin Coffee was shown to be recruiting store managers in Singapore, offering a monthly salary ranging from S$3,800 to S$4,900 ($2,824 - $3,641).
Shen Peng, the founder of insurance tech platform Waterdrop Inc., said at a forum in Singapore that when exploring overseas markets, Chinese companies cannot copy China's prevailing "996" work culture – a 12 hours per day, six days per week working schedule.
Shopee, an e-commerce giant with operations in Southeast Asia, reportedly demanded that laid-off employees pay compensation for damaged work computers. Shopee then confirmed this policy.
Shopee, an e-commerce platform owned by Singapore's Sea Limited, will cut some jobs around the world. According to one Shopee employee in Shenzhen, the company has reduced at least one business line in the base to a third of what it was.
Tencent Cloud announced on September 13 its signing of a memorandum of understanding with Strange Universe Technology, a Singapore-based Web3 company, involving the creation of an immersive and integrated platform.
This week: Tencent's NFT marketplace Huanhe to close down, Zipmex becomes latest crypto exchange to halt withdrawals, Hong Kong monetary chief said crypto and DeFi won't disappear, and more.
BYD's ATTO 3, the first A-class high-performance SUV built on the firm's e-platform 3.0, was launched in Singapore on July 8, making its debut among ASEAN countries.
Chinese EV maker NIO successfully listed on the main board of the Singapore Exchange (SGX) on Friday, beginning trading under the ticker symbol "NIO."
Chinese electric vehicle maker NIO announced on Wednesday that it expects to be listed and commence trading on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST) on May 20.
On Friday, Chinese electric vehicle maker NIO announced its proposed secondary listing by way of introduction to the Main Board of the Singapore Exchange, following its IPO at the Hong Kong Stock Exchange on March 10.
Chinese gaming company Lilith Games announced on Monday that it will set up a game publishing company in Singapore called Farlight Games to support and facilitate the global distribution of the company's games.
Ant Group has announced the appointment of Jia Hang as its General Manager for Southeast Asia. The Group said this newly-established position will help strengthen its talent and capacity building in the region.
According to its related prospectus disclosed at the end of February, electric vehicle firm NIO has applied to the main board of the Singapore Exchange Limited for a second listing by way of introduction.
MXBC, a chain brand dedicated to creating fresh ice cream and tea drinks in China, has officially entered Singapore and Malaysia, two Southeast Asian countries.
China's cross-border e-commerce unicorn SHEIN has made a Singapore firm its holding company, and Chris Xu, SHEIN's founder and CEO, has also become a permanent resident of the city-state.
Electric vehicle maker BYD will release its new EV, the Yuan Plus, on February 19th. This is BYD's first pure electric SUV featuring the company's Platform 3.0.
Chinese game giant Tencent said on Tuesday it would cut its stake in Singapore-based gaming and e-commerce firm Sea Ltd., reducing its voting power to under 10%.