Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing

Alibaba scored another blockbuster Singles’ Day after customers around the world shopped in stores and online on the tenth edition of its November 11 shopping festival. That puts this year’s gross merchandise volume – a measure for the dollar value of total transactions – at a staggering $30.8 billion, although the company recorded its lowest-ever […]

View More Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing

AI voice assistant developer Rokid raises $100M Series B extension to build its US presence

 Rokid, a Chinese startup that makes an AI voice assistant and smart devices, just raised a Series B extension round led by Temasek Holdings, with participation from Credit Suisse, IDG Capital and CDIB Capital. The size of the round was not releas…

View More AI voice assistant developer Rokid raises $100M Series B extension to build its US presence