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Shein faces investor pressure to slash valuation to US$30 billion, sources say

Chinese fast-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with…

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New Business

‘De minimis’ exemption: US tariff move ‘will not kill’ Chinese e-commerce, analysts say

US President Donald Trump’s elimination of a long-standing tariff exemption that benefited China’s cross-border e-commerce giants will hurt American consumers…

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New Business

Exclusive | China softens stance on TikTok deal in US as Trump offers 75-day grace period, sources say

Chinese authorities appear to be softening their stance on the fate of TikTok, possibly paving the way for Beijing-based ByteDance…

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New Business

Apple agrees to pay US$95 million to settle Siri eavesdropping lawsuit

Apple has agreed to pay US$95 million to settle a lawsuit accusing its digital assistant Siri of listening in on…

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New Business

Amazon asks Chinese sellers not to offer cheaper prices on Temu

Amazon.com has asked some Chinese cross-border merchants to stop offering goods at a cheaper price on rival platform Temu, according…

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New Business

No Black Friday windfall for Chinese sellers on Temu and Amazon as competition rises

Chinese sellers on overseas shopping sites, from Temu to Amazon.com, are struggling to turn a profit during this year’s Black…

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New Business

Opinion | Can Hong Kong reclaim its role as Asia’s gateway to the Americas?

An oft-quoted aphorism goes, “History does not repeat itself, but it often rhymes.” One can hardly think of a better…

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Tech

Walmart and Amazon drive retail transformation with AI

Walmart and Amazon are harnessing AI to drive retail transformation with new consumer experiences and enhanced operational efficiency. According to…

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Tech

Amazon partners with Anthropic to enhance Alexa

Amazon is gearing up to roll out a revamped version of its Alexa voice assistant, which is expected to be…

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Tech

TikTok, Amazon collaborate on online shopping, heating up competition with Shein, Temu

“We’re excited to collaborate with Amazon to offer a seamless and fun shopping experience,” TikTok wrote in a post on…

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