The era of traditional microprocessor powered computing that has shaped our lives in many different ways is coming to
Alibaba Group Holding Ltd. is projected to post its first decline in profit in a year and a half – the result of folding in major loss-making businesses and heightened spending to fend off a charge by Tencent Holdings Ltd. into retail and payments – traditionally its turf.
The partnership comes on the back of Bangkok’s drive to develop Thailand’s digital economy and the Eastern Economic Corridor under the Thailand 4.0 policy.
SoftBank Group’s debt risk last month jumped to the highest in almost two years following a successful exchange of its dollar- and euro-denominated bonds for new securities, allowing the mobile-phone unit to release its loan guarantee.
These two giants have been engaged in a free for all in Southeast Asia – each eating up local e-commerce startups and increasing their shares in existing ones.