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Tracy Qu
Tracy Qu
Shanghai
Tracy Qu is a Shanghai based technology reporter at the Post. She graduated from the University of Hong Kong with a master’s degree in journalism.

Trudy Dai Shan no longer holds legal representative roles at several Alibaba subsidiaries indicating she will focus all her efforts on Taobao and Tmall Group.

The list of registered app stores in the country includes Xiaomi, Oppo, Vivo, Huawei and even Samsung, but not the mainland’s fourth-largest smartphone brand.

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About a decade after Alibaba founder Jack Ma pushed forward its creation, Cainiao has become one of the world’s top logistics services providers and a big opportunity for global investors when it lists in Hong Kong.

Consumers in the United Kingdom, Spain, the Netherlands, Belgium and South Korea will now receive their parcels within five working days of placing an order on AliExpress, thanks to its joint initiative with Cainiao.

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Users who click on some advertisements placed on Tencent’s WeChat Channels will be directly taken to Alibaba’s Taobao and Tmall, the companies say.

The filing by Hangzhou-based Cainiao comes at a crucial time for Hong Kong’s stock market, as its benchmark Hang Seng Index struggles to claw its way out of this year’s 11.7 per cent slump.

Gong Yu, chief executive of video-streaming giant iQiyi. said AI can help turn long screenplays into short word outlines but writers and directors are still needed.

The executive says the telecoms giant will embrace an “all intelligence” strategy to transform itself into a key provider of computing power to support China’s AI development.

The 10 Asian digital payment services now supported by Ant’s ‘Alipay+-in-China’ programme cover a total population of more than 175 million in Southeast and East Asia.

Alibaba’s additional investment in its Turkish platform comes after it made an operating profit in the country for the first time in the June quarter.

The move follows similar efforts by other Chinese technology companies to open up their large AI models, following the government’s initial approval last month of commercial ChatGPT-like services.

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The two major strategic areas Hangzhou-based tech giant will focus on are “user first” and “AI-driven”, new CEO Eddie Wu writes in a letter to staff.

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Zhang’s exit comes the same day he was scheduled to hand over the company to chairman Joe Tsai and CEO Eddie Wu Yongming. Alibaba Group’s shares slipped 3 per cent in Hong Kong on the news.

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Dongfangzhenxuan, a live-streaming brand under former tutoring giant New Oriental, sold US$13 million worth of goods within 12 hours of its debut on the platform, it said.

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The budget shopping app operator faces tough competition in Southeast Asia against larger rivals such as Alibaba’s Lazada, ByteDance’s TikTok Shop and Singapore-based Shopee.

People in China have switched from buying big-ticket items like flats and cars to experiential consumption, Tongcheng Travel CFO Fan Lei told the Post.

Chinese technology companies got back on track for growth in the second quarter, as they continue to pin high hopes on generative artificial intelligence (AI) amid uncertainties in the macro environment.

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Alibaba’s Taobao Tmall Commerce Group is establishing a logistics department to better manage deliveries, under the direction of company veteran Chen Ming, according to local media reports.

Alipay’s latest initiative, announced ahead of the 2023 Asian Games in Hangzhou, underscores efforts in China to make it easier for foreign tourists to make payments in the country’s cashless society.

New rules would limit usage of phones and tablets to a maximum of 40 minutes per day if the user is under 8 years old, extending the country’s moves to protect minors.

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