Alibaba

China’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business to address U.S. security concerns, according to a person familiar with the matter.

The Trump administration will ban WeChat and video-sharing app TikTok from U.S. app stores starting Sunday night, a move that will block Americans from downloading the Chinese-owned platforms over concerns they pose a national security threat.

Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19 pandemic was lagging.

President Uhuru Kenyatta on Monday ordered Kenya’s health ministry to publish details of all purchases made during the coronavirus pandemic following allegations government officials stole millions of dollars of vital medical supplies.

The US is expanding its China-targeted Clean Network program to include Chinese-made cellphone apps and cloud computing services that it claims are security risks, Secretary of State Mike Pompeo announced Wednesday.

Vodacom Group plans to create a ‘super app’ in partnership with digital payment provider Alipay, part of China’s Alibaba group, to allow consumers in South Africa to shop online, pay bills and send money to family from next year.

Credit Suisse wants to raise its China securities joint venture stake to 100 per cent and increase its market share after getting the regulatory green light to take a majority holding, the head of its Asia business said.

Chinese tech giant Sina set up a special room in its Beijing office for workers to be tested for the coronavirus. A school took swab samples from students before allowing them into classrooms. A traveller took the test before a trip to another province.

ByteDance, which also operates the social media app TikTok, developed Feishu as an internal app, then marketed it for business use in 2019. An international version of the app, called Lark, launched in April 2019 and is still operating in markets like Japan and Singapore.

African nations that lack ventilators for the treatment of COVID-19 patients will receive some from a donation of 300 supplied by the Jack Ma Foundation, the head of the continent’s disease control body said on Thursday.

Jack Ma, the founder of Alibaba Group, on Monday announced the donation of more medical equipment to Africa in the fight against the COVID-19 pandemic.

Chinese billionaire, Jack Ma, has made additional donations, including 500 ventilators to Nigeria and 53 other African countries to help fight coronavirus.

The Nigerian Union of Allied Health Professionals, NUAHP, on Wednesday, demanded life insurance scheme and immediate payment of N100, 000 special coronavirus allowances to all health workers at the frontline of the war against the disease as presently done to other health workers globally.

A consignment of medical supplies from the Jack Ma Foundation, to assist Nigeria in the fight against coronavirus arrived Lagos.

The Chinese billionaire had used his foundation to forward millions of face masks, testing kits and other protective equipment to Africa as the continent battles to arrest the spread of COVID-19, a deadly disease caused by coronavirus.

Massive medical supplies donated by China’s Jack Ma Foundation to 54 African countries to battle coronavirus, arrived on Sunday morning in Addis Ababa, through an Ethiopian Airlines cargo flight.

The first batch of protective and medical equipment donated by Chinese billionaire and Alibaba co-founder Jack Ma was flown into the Ethiopian capital Addis Ababa on Sunday, as coronavirus cases in Africa rose above 1,100.

Chinese Billionaire, Jack Ma, has announced a donation of 1.1 million testing kits and six million masks to fight coronavirus in Africa.