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New Business

TikTok Shop opens for business in Japan as US fate hangs in balance

TikTok has launched its e-commerce platform in Japan, enabling users to directly buy products featured in videos, as the app…

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New Business

Alibaba unveils new AI model for image creation, as open-source approach gains recognition

Alibaba Group Holding has launched a new artificial intelligence (AI) model, Qwen VLo, said to be capable of generating and…

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New Business

TikTok ‘continues to work with’ VP Vance on deal as its US fate hangs in the balance

TikTok, the popular short video app owned by China’s ByteDance, thanked US President Donald Trump, while stating it was still…

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New Business

Unitree Robotics reaches unicorn status with ByteDance, Alibaba, Tencent funding

Unitree Robotics, a leading player in China’s booming robotics industry, has completed a new round of financing, attracting investment from…

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New Business

Alibaba and JD.com claim record participation in 618 sales event, boosted by subsidies

More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value (GMV) on Alibaba’s Taobao and…

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New Business

TikTok’s fate still in limbo as Trump extends deadline to sell platform’s US operations

The fate of short video app TikTok in the United States remains in limbo, according to analysts, even as the…

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New Business

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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New Business

ByteDance, SenseTime unveil model updates as China’s AI race heats up

China’s artificial intelligence (AI) market sees heightened competition, as various model providers – from SenseTime to ByteDance – step up…

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New Business

Tencent Music to buy Ximalaya, an audio app used by 300 million users

Tencent Music Entertainment Group, China’s largest online music platform by user count, announced on Tuesday its acquisition of audio content…

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New Business

Chinese AR glasses maker Rokid prepares for global launch on AliExpress during 618 event

Rokid, a Chinese maker of augmented reality (AR) glasses, is set to launch its latest AR Spatial eyewear globally through…

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