Tencent reports 48% jump in revenues
Chinese internet giant Tencent has reported revenues of $21.9bn for 2016, up 48% on the previous year, and a 42% jump in profit to almost $6bn.
Read MoreTag: Asia
Warehouse drones
Infinium Robotics won the popular vote for the Startup Challenge at DHL Asia Pacific’s Innovation Day.
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Alibaba reportedly looking to set up regional hub in Malaysia
China’s online retail giant Alibaba may be looking to set up a regional distribution hub at the Kuala Lumpur International Airport (KLIA) in Malaysai, according to local sources.
Read More‘Cainiao Green Alliance Foundation’ announced
Cainiao Network, the logistics affiliate of Alibaba Group, has announced the creation of the ‘Cainiao Green Alliance Foundation’, which it says is China’s first charity foundation dedicated to promoting green logistics.
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Chinese logistics robot maker secures new funding
Geek+, the Chinese logistics robot manufacturer whose clients include Alibaba, has secured $14m in a new funding round.
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