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Tech

Analyse this: AI faster at evaluating contracts than human lawyers in Alibaba contest

When a group of 16 lawyers and law students met in a small auditorium at Zhejiang University’s Guanghua Law School…

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Tech

How China’s online microlenders reached a tipping point in world’s biggest mobile internet market

Back then, anything that cost more than around 500 yuan (US$76) was a stretch as she was on a fixed…

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New Business

Large-scale departures from Beijing city centre leave gaping hole in office towers

“Office rents in the central business district have declined by 20 to 30 per cent from a year ago because…

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Tech

China’s Xiaohongshu carves out a niche in an increasingly crowded e-commerce market

Chinese social media platform Xiaohongshu, the Instagram-style app where young consumers to share lifestyle tips, is seeking to become a…

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Tech

AI race: Alibaba, Tencent quickly adopt Meta’s new Llama 3.1 model amid excitement

Alibaba Cloud, the e-commerce giant’s online computing platform, was among the first to include the latest open-source Llama family of…

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Tech

Alibaba’s Tmall waives annual service fee, while Taobao relaxes ‘refund only’ policy

Tmall, home to mainly established brands and sellers, from September 1 will waive its annual software service fee that used…

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New Business

Chinese brands enter Olympics marketing ring, vying for gold on global stage

Tencent Marketing Insight has estimated 62 per cent of global television audiences will watch these Olympics, and data collected since…

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New Business

Alibaba puts Olympics on the cloud, adding AI services while taking over for satellite

Alibaba Group Holding’s cloud computing unit is offering an artificial intelligence (AI)-infused platform to support the broadcasting of the 2024…

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Tech

China’s market regulator flexes muscles, signalling Wild West era of unchecked Big Tech growth is over

The cases involve Alibaba’s past equity investments in major Chinese mall operator Intime, China Literature’s acquisition of film studio New…

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Tech

TikTok owner ByteDance’s China head debuts on Fortune’s list of most powerful women in business

In her current role, she oversees ByteDance’s star product line-up including TikTok’s Chinese counterpart, Douyin, which she was also previously…

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