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New Business

Alibaba offers more DeepSeek AI models at low prices, denies investment rumours

Alibaba’s cloud computing and AI unit is offering six new DeepSeek models through its large language model (LLM) service platform…

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New Business

From Labubu to Ne Zha: toy craze powers Pop Mart market-beating stock rally

Fresh from its success with Labubu, Pop Mart International is on another hot streak in intellectual property (IP) merchandising as…

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New Business

Alibaba’s updated Qwen AI model overtakes DeepSeek’s V3 in chatbot ranking

Chinese e-commerce giant Alibaba Group Holding’s latest open-source Qwen artificial intelligence (AI) model surpassed DeepSeek-V3 to become the top-ranked non-reasoning…

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New Business

Hong Kong stocks tumble by most in a month on Trump’s China tariffs

Hong Kong stocks fell sharply in the first trading since US president Donald Trump announced tariffs on Chinese goods, as…

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New Business

Tech war: Huawei cloud unit powers DeepSeek models in China’s bid for AI autonomy

The cloud-computing unit of Huawei Technologies has worked overtime with a local company during the Lunar New Year holidays to…

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Alibaba named most admired Chinese internet firm by Fortune amid race with DeepSeek

Alibaba Group Holding has been named the world’s most admired Chinese internet and retail company, according to the latest rankings…

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New Business

China’s Lunar New Year travellers try to outsmart algorithms for cheaper fares

The Lunar New Year holiday is among the priciest time to travel in China, but this year, Chinese internet user…

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New Business

Alibaba launches new AI model targeting rival DeepSeek, China’s hottest start-up

In a statement posted on WeChat, the e-commerce giant’s cloud computing and AI arm Alibaba Cloud said its new Qwen…

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New Business

China’s DeepSeek shocked the tech world. Can its home province do it again?

As China’s DeepSeek – a relatively recent entrant in a crowded field of companies producing artificial intelligence (AI) models –…

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New Business

Can online gifts match digital red packets’ Spring Festival popularity?

Lunar New Year, arguably China’s biggest annual holiday, can be seen as a barometer for the country’s economy. As more…

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