Mar 28, 2024 01:49 PM
TECH
Daily Tech Roundup: Alibaba Scraps Logistics Arm IPO
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Alibaba called off a $1billion-plus Hong Kong IPO for its Cainiao logistics arm in a surprise move that underscores its new approach toward rejuvenating a flagging e-commerce empire. Photo: VCG
Welcome to the Daily Tech Roundup — a briefing of the top technology news making headlines in China and the rest of Asia.
Chinese automaker’s solid-state battery claim hits wall of skepticism
Claims about the readiness of a solid-state battery set to be used in a new model from an Alibaba-backed electric-vehicle (EV) maker has sparked skepticism among industry experts, who argued that such a battery is still far from being mass produced due to technological hurdles.
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