EV maker Nio narrows loss on record deliveries, pledges more cost-cutting
The Shanghai-based carmaker posted a third-quarter net loss of 4.56 billion yuan (US$639 million), 24.8 per cent narrower than in the previous quarter.
China’s e-commerce recovery brings parcel deliveries to nearly 100 a person
Parcel deliveries reached a new high of 120 billion items this week, up 8.5 per cent from all of 2022, as e-commerce sees strong third-quarter recovery.
Parcel deliveries reached a new high of 120 billion items this week, up 8.5 per cent from all of 2022, as e-commerce sees strong third-quarter recovery.
AT&T taps Ericsson for US$14 billion network revamp, ousting Nokia
AT&T will tap Ericsson to modernise its US wireless network, a project that could amount to almost US$14 billion over five years, in a deal that represents a significant win over rival Nokia
AT&T will tap Ericsson to modernise its US wireless network, a project that could amount to almost US$14 billion over five years, in a deal that represents a significant win over rival Nokia
exclusive | TikTok owner ByteDance to launch AI chatbot development platform, memo says
The social media giant has joined peers Baidu and Alibaba in offering AI model development as a service.
The social media giant has joined peers Baidu and Alibaba in offering AI model development as a service.
The Chinese version of TikTok is testing paid videos again, but some users push back
ByteDance-owned Douyin, the Chinese sibling of TikTok that has over 600 million daily active users, is testing paid content as the social media giant continues to seek ways to diversify its revenue.
ByteDance-owned Douyin, the Chinese sibling of TikTok that has over 600 million daily active users, is testing paid content as the social media giant continues to seek ways to diversify its revenue.
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Li Auto, Xpeng post record monthly sales in November driven by China’s love for EVs
Li Auto and Xpeng, two top premium electric vehicle builders in China, rewrote sales records in November, as their new car models amplified the popularity of battery-powered vehicles.
Beijing court rules AI-generated content covered by copyright, eschews US stand
The Beijing Internet Court’s decision is expected have far-reaching implications for future AI copyright disputes, which could eventually benefit Chinese Big Tech companies.
The Beijing Internet Court’s decision is expected have far-reaching implications for future AI copyright disputes, which could eventually benefit Chinese Big Tech companies.
China’s Hozon kicks off operations at its first overseas factory, in Thailand
Hozon New Energy Automobile has started assembling vehicles in Thailand at its first overseas factory as it steps up its efforts to tap the Southeast Asian market.
Hozon New Energy Automobile has started assembling vehicles in Thailand at its first overseas factory as it steps up its efforts to tap the Southeast Asian market.
US AI start-up Pika Labs and its Chinese founders create buzz across Pacific
Demi Guo, co-founder of Pika Labs, is the daughter of Guo Huaqiang, former chairman of Hangzhou-based IT services company Sunyard Technology.
Demi Guo, co-founder of Pika Labs, is the daughter of Guo Huaqiang, former chairman of Hangzhou-based IT services company Sunyard Technology.
How ChatGPT, released a year ago, changed the way we interact with AI
For years, artificial intelligence was operating behind the scene. But with ChatGPT, people can now directly deploy AI for their own uses.
For years, artificial intelligence was operating behind the scene. But with ChatGPT, people can now directly deploy AI for their own uses.
Alibaba pushes new AI tool to help wholesale merchants manage overseas clients
The AI tool is expected to help merchants on Alibaba.com, the e-commerce giant’s international business-to-business wholesale marketplace, automate their client-facing operations to entice more customers overseas.
The AI tool is expected to help merchants on Alibaba.com, the e-commerce giant’s international business-to-business wholesale marketplace, automate their client-facing operations to entice more customers overseas.
How Temu, an app for US shoppers, helped PDD catch up with Alibaba in market value
Temu, a Chinese-owned shopping app targeting US consumers, has become a key factor driving strong revenue growth for its parent PDD, which briefly overtook rival Alibaba in market value.
Temu, a Chinese-owned shopping app targeting US consumers, has become a key factor driving strong revenue growth for its parent PDD, which briefly overtook rival Alibaba in market value.
Xiaomi founder’s new fund is the largest donation ever to a Chinese university
Lei Jun donated US$183 million to Wuhan University, a leading Chinese research institution, on its 130th anniversary on Wednesday.
Lei Jun donated US$183 million to Wuhan University, a leading Chinese research institution, on its 130th anniversary on Wednesday.
Uber strikes deal with London drivers to put black cabs on app
Starting early next year, Uber will offer riders the option of choosing a London black cab as part of the company’s expansion into a one-stop transport app, including bookings for intercity trains and car rentals.
Starting early next year, Uber will offer riders the option of choosing a London black cab as part of the company’s expansion into a one-stop transport app, including bookings for intercity trains and car rentals.
Amazon launches workplace chatbot Q in race against Microsoft, OpenAI
The company also released new versions of its home-grown chips, including one designed for AI applications, and deepened its relationship with Nvidia.
The company also released new versions of its home-grown chips, including one designed for AI applications, and deepened its relationship with Nvidia.
Huawei accelerates smart car ambitions, invites carmakers to invest in venture
Huawei called on current partners Seres, Chery, JAC and BAIC to take a stake in a new joint venture initiated by Huawei and Changan Automobile.
Huawei called on current partners Seres, Chery, JAC and BAIC to take a stake in a new joint venture initiated by Huawei and Changan Automobile.
China-founded e-commerce fashion start-up Shein files for US IPO
Valued at more than US$60 billion, Shein is expected to become the most valuable China-founded company to go public in the US since Didi Global’s debut in 2021 at a US$68-billion valuation.
Valued at more than US$60 billion, Shein is expected to become the most valuable China-founded company to go public in the US since Didi Global’s debut in 2021 at a US$68-billion valuation.
ByteDance makes big cuts at gaming studio in retreat from stagnating market
The social media giant is cutting hundreds of jobs at its flagship Nuverse studio, and will shut down development on most unlaunched titles a year after cuts at two related studios.
The social media giant is cutting hundreds of jobs at its flagship Nuverse studio, and will shut down development on most unlaunched titles a year after cuts at two related studios.
Huawei, state-owned carmaker form smart-vehicle joint venture
The surprise announcement shows Huawei’s ambitions in the car business despite repeatedly denying that the company will make its own vehicles.
The surprise announcement shows Huawei’s ambitions in the car business despite repeatedly denying that the company will make its own vehicles.
China’s Realme surges past 200 million smartphone shipments
The company says it reached the milestone in the second quarter, with most devices sold outside China.
The company says it reached the milestone in the second quarter, with most devices sold outside China.
