The following is an excerpt from Alibaba: the Inside Story Behind Jack Ma and the Creation of the World’s Biggest Online Marketplace, a book by Liu Shiying and Martha Avery. It was provided courtesy of Harper Business. You can buy a copy here. The new employees from Yahoo! China had to be inducted into the peculiarly positive way […]
Donald Trump, President of the United States landed in Singapore on Sunday (Jun 10), two days ahead of the historic summit with North Korean leader Kim Jong Un. In a post on Twitter during his flight, Trump reiterated his optimism that the summit with the North Korean leader will be a success. The […]
Airbnb, the biggest online home-sharing app was forced to cancel thousands of reservations due to Japan’s government enforcing a new law for home-sharing. Travelling to Japan in June? If you’ve made a booking with Airbnb, you may have to find alternative accommodation. Under the new law, host are required to register their listing and […]
For the first time in six years, Singapore’s monetary policy is tightened. Although, expectations of steady growth in 2018, but warned of risks from global trade tensions. The previous tightened monetary policy by MAS was in April 2012 after the improvement of the US business sentiment and the end of the risk from eurozone […]
Ant Financial Services Group on Friday (Jun 8) announced that it raised around US$14 billion fresh funds from investors like Singapore sovereign wealth fund GIC and state investor Temasek. Ant Financial is the spun off from Alibaba Group Holding before the e-commerce firm’s 2014 listing. Being the operator of China’s biggest online payment platform […]