Chinese company pledges to donate $1.5bn to charity. Shares jump 22%. More proof that politics, not the bottom line, is the bigger driver of capital markets returns. ft.com/content/b78421…
Apple is slashing production of AirPods, its fastest growing product line. This is because of stiff competition from Asian competitors. Great scoop by @ChengTingFang and @Lauly_Th_Li to lead the #techAsia newsletter this week. ft.com/content/db1fa5…
MOST READ | A GEOPOLITICALLY INCORRECT FASHION FAUX PAS
H&M's attempt to mend fences in China after angering consumers there with its stance against forced labor appears to have triggered another boycott next door in Vietnam.
s.nikkei.com/2OzH9PE
A record number of companies are abandoning attempts to list on Shanghai’s Star Market as regulators dramatically increased scrutiny of technology businesses on.ft.com/3fOhUV3
A record number of companies are abandoning attempts to list on Shanghai’s Star Market as regulators dramatically increased scrutiny of technology businesses on.ft.com/2PJiIQo
After Sea’s stock market performance last year (400% increase) now comes Grab, another southeast Asian tech company which is set to be the biggest Spac merger globally. Is 2021 a new dawn for Southeast Asia tech ? ft.com/content/73d8b2…
Getir, meaning "bring" in Turkish and established in 2015, pioneered the 10-minute delivery of ice cream, chips and other daily cravings in Turkey. In January it launched its first overseas operation in central London.
s.nikkei.com/3bKdX11
Is Alibaba at a watershed moment? Several pressures on Ant Group and Jack Ma suggest the tech giant could be in for a torrid time. #techAsia newsletter @FTTechAsiaft.com/content/fd1058…
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