Banma is all about making cars smarter inside. Think dashboards that respond like your phone does powered by AI. Based in ...

Alibaba Group Holding plans to spin off its Banma Network Technology unit through an initial public offering (IPO), as one of ...

Alibaba BABA is betting big on capital efficiency with its proposal to spin off Banma Network Technology and list it ...

Group (HK: 9988) said on Thursday that autonomous-driving software firm Banma Network (LON: NETW) Technology is seeking a separate listing on ...

It is seen as part of efforts by Banma’s backer, e-commerce giant Alibaba Group Holding, to revamp the unit and step up commercialisation. Alibaba did not immediately respond to a request for ...

Chinese smart car supplier Banma said on Wednesday that it has raised 3 billion yuan ($463 million) from existing investors including Alibaba (9988.HK), SAIC Motor (600104.SS) and others.

Banma, which is developing in-car software, did not disclose its valuation after the investment. Apart from Banma, Alibaba and SAIC Motor are working on a new electric vehicle brand called IM.

Alibaba and SAIC partnered in mid-2014 and established Banma in late 2015. Banma released its vehicle connectivity solution the next year and SAIC said last June that it had sold 600,000 vehicles to ...

Banma Network Technologies, an internet car start-up backed by Alibaba Group Holding, plans to introduce new investors this year as it opens up the AliOS in-car operating system to developers and ...

Alibaba-backed smart cockpit solutions company Banma Network Technology is planning an initial public offering in Hong Kong, adding to the city's busy deal pipeline. Alibaba said Thursday that it ...