China’s SenseTime Group has reportedly raised $600 million from Alibaba Group Holding Ltd. and other investors at a valuation of more than $3 billion, becoming the world’s most valuable artificial intelligence startup.
Trump criticises Amazon for exploiting US postal system
US president Donald Trump accused Amazon.com on Thursday of not paying sufficient tax, exploiting the US postal system and putting …
XTOUCH to make “lives simpler” for customers
XTOUCH’s Tim Chen (TC), founder and managing director and Sandeep Agrawal (SA), executive director, share insights to the firm’s business …
XTOUCH unveils wireless devices and e-commerce platform
Dubai-headquartered consumer electronics brand XTOUCH has launched its wireless smartphone XTOUCH X and e-commerce solution to raise customer experiences. The …
Online payment platforms enable e-commerce growth, says Saudi authority
mada, Saudi Arabia’s domestic payment network, and Mastercard have announced the launch of a joint partnership initiative to enable online payments using Mastercard’s Payment Gateway Services technology.
Alibaba injects extra $2 billion into Southeast Asian e-commerce firm
Alibaba Group Holding is reportedly investing an addition $2 billion in Southeast Asian e-commerce firm Lazada Group and replace its chief executive.
3M products now available on Souq.com
SOUQ.com has announced newly available products on SOUQ.com from renowned American innovative sciences company 3M to provide easy access to innovative solutions to life’s everyday needs to customers across the UAE, KSA and Egypt.
“Amazon not a threat to UAE retail,” Dubai Chamber chairman
The chairman of Dubai Chamber of Commerce and Industry has said that the imminent rise of Amazon in the Middle …
Women-owned tech startups make waves in Saudi Arabia
King Abdul Aziz City for Science and Technology (KACST)’s Badir Program has announced that the number of women’s businesses incubated by the programme grew by 144 percent in 2017.
Marks & Spencer launches UAE online shop
The revamped website, marksandspencerme.com, offers customers an enhanced way to shop with M&S, with greater choice and better availability including more sizes, styles and colours, said the company.