Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M

in July, French television company Canal+ acquired the ROK film studio from VOD company IROKOtv. Canal+ would not disclose the acquisition price, but confirmed there

Read more

Flutterwave and Alipay partner on payments between Africa and China

San Francisco and Lagos based fintech startup Flutterwave has partnered with Chinese e-commerce company Alibaba to offer digital payments between Alipay and African merchants.

Read more

Tencent brings cloud service to Japan in global push

The world’s largest video game publisher is looking outside its home country for growth. Tencent, the Chinese internet behemoth that operates WeChat and a

Read more

Alibaba to help Salesforce localize and sell in China

Salesforce, the 20-year-old leader in customer relationship management (CRM) tools, is making a foray into Asia by working with one of the country’s largest

Read more

EBay picks 5.5% stake in India’s Paytm Mall

EBay said today it is buying a 5.5% stake in e-commerce marketplace Paytm Mall as the global firm makes another push to gain footprint

Read more

Online shopping guide SMZDM surges 44% on China stock market debut

When Chinese internet companies seek initial public offerings, they tend to look to the United States where rules for profitability are less strict. SMZDM,

Read more

Meituan, Alibaba, and the new landscape of ride-hailing in China

Instead of switching between apps to secure a ride during rush hour, people in China can now hail from different companies using a single

Read more