Bowtie raises $30M to bring the digital insurance model to Hong Kong

The digital revolution has spawned ‘challenger’ banks that operate entirely online, with no high street presence. That phenomenon has taken off in Europe — particularly the UK — but over in Hong Kong, one of the world’s key financial hubs, the digital-only push is coming to the insurance industry. Bowtie, a Hong Kong-based digital insurer, just […]

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China leaves Huawei founder off honor roll marking 40 years of economic success

In the lead up to China’s 40th anniversary of reforms and opening up, People’s Daily, the mouthpiece of the ruling Communist Party, published a list on Monday commending 100 extraordinary contributors to the country’s economic development. Familiar names like Jack Ma of ecommerce operator Alibaba as well as Pony Ma of gaming and social networking […]

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Tencent shakeup puts the focus on enterprise

Chinese internet giant Tencent is reorganizing its business to place more emphasis on enterprise as it prepares for the future of technology and looks to alleviate the pressure on its under-fire consumer business. The reorg, which Reuters reports is the company’s first shakeup for six years, was announced over the weekend — ahead of a […]

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Tencent CEO joins Breakthrough Prize as founding sponsor

 Tencent founder and CEO Ma Huateng (Pony Ma) is joining the Breakthrough Prize, sometimes referred to as “the Oscars of Science,” as a founding sponsor. He joins the likes of co-sponsors Sergey Brin of Google, Yuri Milner of DST Global, Mark Zuckerberg of Facebook, Anne Wojcicki of 23andMe and others. “Fundamental science is the bedrock of technological advancement,”… Read More

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