Sinnet began operating the Amazon services in August 2016.
Tencent led the round that was joined by Sequoia Capital, Singapore's GIC, and Tiger Global Management.
Ant Financial has ramped up overseas expansion this year in India, Korea, the US and SE Asia.
The "Apollo Fund" will invest in 100 autonomous driving projects over the next three years
E-commerce venture in Thailand will help JD.com expand its overseas business beyond Indonesia and boost its presence in Southeast Asia.
JD Finance is now a fully Chinese-owned entity, giving it greater regulatory freedom.
As part of the agreement, Baidu's payment platform, Baidu Wallet, will be accepted by roughly 17 million PayPal merchants globally.
Meituan-Dianping has more than $3 billion remaining from a $3.3 billion funding round in early 2016.
China aims to grow core AI industries to over $22b by 2020 and $59b by 2025.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in a
rapidly evolving landscape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more.
Be a part of our growing community now.