Quick takes
Alibaba puts investments in Indian startups on hold
It began with TikTok and WeChat being drawn into China-U.S. trade tensions. Now, it seems technology is becoming politicised in China-India relations. Separately, but along the same lines, Taiwan is ordering a divestment of an Alibaba subsidiary.
ANT Group IPO set to be world’s largest
Meanwhile, Jack Ma will set records once again with the upcoming listing of the ANT Group, which will raise US$30 billion and value the company at more than US$200 billion. Politically savvy Ma is by-passing U.S. markets and listing the group in Hong Kong and Shanghai.
TCEB unveils additional “MICE cities”
The team at TCEB in Thailand continue their mission to diversify MICE activities outside of Bangkok adding two more cities to their priority list.