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Beijing’s reform could bring Hong Kong-listed Alibaba, Tencent to Shenzhen: HSBC

Beijing’s latest reform to allow Hong Kong-listed companies to seek secondary listings in Shenzhen could bring mainland China’s most valuable…

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How a Chinese AI start-up helps Nike, Gap, Urban Revivo predict fashion trends

Founded in 2018 at fast-rising Chinese technology hub Hangzhou, capital of eastern Zhejiang province, Zhiyi Tech is focused on compiling…

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Alibaba’s Joe Tsai says open-sourcing its AI models will boost firm’s cloud business

Alibaba Group Holding chairman Joe Tsai said that open-sourcing large language models (LLMs) would spur a surge in artificial intelligence…

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New Business

DeepSeek quietly updates R1 AI model amid anticipation for next-gen tech

Chinese artificial intelligence (AI) start-up DeepSeek quietly released a new version of its R1 reasoning model on Wednesday, marking its…

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New Business

Alibaba touts rapid growth in fast-delivery service in heated race with Meituan, JD.com

Chinese e-commerce giants Alibaba Group Holding, Meituan and JD.com are intensifying their costly rivalry in the on-demand fast-delivery sector, with…

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Alibaba’s Amap offers ride-hailing function catering to foreign visitors in China

Amap, the mapping and local services business under Alibaba Group Holding, has introduced a ride-hailing feature on the platform’s English…

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Alibaba chairman Joe Tsai says company on a ‘good path’ after years of setbacks

Alibaba Group Holding chairman Joe Tsai said the company was now “on a very good path” after overcoming a series…

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New Business

China’s Meituan to bring Keeta food delivery service to Brazil after Saudi Arabia launch

Chinese on-demand service giant Meituan has signed a US$1 billion deal to expand its Keeta food delivery platform to Brazil,…

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New Business

AI will be the mainstay of Alibaba’s business in next 3-5 years, chairman Joe Tsai says

Alibaba Group Holding’s operations will be driven by artificial intelligence (AI) in the next three to five years, in line…

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New Business

China’s tentative property rebound looks wobbly as Trump’s tariffs bring a wave of doubt

For Shanghai resident Kong Jiongjiong, a missed opportunity meant the difference between a windfall and a potential loss. Kong, a…

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