Xu will also join the company's board as an executive director, while Richard Liu will retain his title as the board chairman, JD.com said
Earnings at the world's largest memory chip and smartphone maker were also supported by brisk smartphone sales in the quarter
Three construction project payments were successfully made through China’s digital yuan, or e-CNY, in the eastern Chinese city of Suzhou
The fund has agreed with a coalition of bitFlyer Holdings shareholders to buy a majority stake, which is estimated to have a value of up to $370 million
The robotics startup plans to enter the US market, scale its team and build capacity to address the current pipeline of customers and deliver 100 robots annually
But Moore Threads, which investors value at more than $2 billion, has omitted important information: key pieces come from the UK
Paytm raised $2.5bn in India's biggest IPO last November but made a dismal debut on widespread concerns over its high valuation
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade