Around August 24, 2026, ByteDance consolidated the Trae coding and Coze agent building teams under Doubao and launched Doubao Work.
Tencent appears to be buying a long term option on embodied AI through Xpeng’s Dogotix spinout, which raised more than $900 million at a valuation above $6.3 billion.
Bang Jun hyuk plans to buy 11,153,420 Netmarble shares for ₩374 billion ($270 million), with settlement scheduled for September 21.
Tencent is stepping back from Netmarble’s ownership structure: a planned 13.4% sale for 374 billion won would reduce its affiliate’s stake from about 18.1% to 4.7%, while Bang Jun hyuk’s holding rises from 2...
W4 Games raised $18 million in a Tencent led Series B on August 25, 2026, bringing total funding to $33 million.
Enflame Technology plans to raise CNY6 billion—about $892 million—in a Shanghai STAR Market IPO, with subscriptions scheduled for September 2.
No—Alibaba’s August 2026 share placement is better read as evidence that the company can finance its AI strategy, not as a signal for retail investors to buy immediately.
Alibaba is raising HK$80 billion ($10.2 billion) for full stack AI and cloud investment, with management targeting break even on AI related capital expenditure in about three years.
Alibaba is becoming a two engine company: group revenue grew 9% to RMB268.95 billion, while AI cloud and computing revenue rose 45%.
Alibaba raised HK$80 billion ($10.2 billion) by issuing 710 million new shares at an 8.4% discount, sending its U.S.
Alibaba has agreed to sell its entire Lingxi Games stake to Trustar Capital for at least $1.5 billion; Reuters cited a source who put the proceeds above $2 billion, but the final price has not been publicly...
Jack Ma reportedly bought more than HK$600 million of Alibaba shares, while Joe Tsai and Eddie Wu bought about HK$202 million combined after the company’s Aug.