e-commerce

Tech

Alibaba revenue edges up to US$33.5 billion but misses estimates in second quarter

Alibaba Group Holding saw revenue grow 4 per cent in the second quarter, missing estimates, as the e-commerce giant navigates…

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Tech

US online retailer iHerb taps Alibaba’s Cainiao for new Hong Kong logistics facility

US online retailer iHerb is setting up a new warehouse in Hong Kong with Cainiao Smart Logistics Network, the logistics…

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New Business

China hits 100 billion deliveries as couriers grow part and parcel with e-commerce

This equates to an average of 71.43 packages per person, 5,144 packages delivered every second, or 440 million packages moving…

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Tech

Alibaba’s Lazada posts first monthly profit amid intense competition in Southeast Asia

Lazada, the Southeast Asian online shopping platform of Alibaba Group Holding, has achieved a monthly profit for the first time,…

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Tech

Tencent super app WeChat strikes fine balance as everyday tool and public-service platform

Super app WeChat, operated by video gaming and social media giant Tencent Holdings, continues to strike a delicate balancing act…

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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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Tech

Alibaba launches maths-specific AI models said to outperform LLMs from OpenAI, Google

“Over the past year, we have dedicated significant efforts to researching and enhancing the reasoning capabilities of large language models,…

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Tech

E-commerce tycoon Colin Huang tops China’s rich list

E-commerce tycoon Colin Huang has become China’s richest man, an index showed Friday, capping an ascent for the former Google…

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Tech

Paris Olympics: online sales of tennis, other sporting goods surge as Chinese celebrate gold haul

Alibaba Group Holding’s online shopping platforms have experienced a surge in interest and sales of sporting goods, as Chinese consumers…

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Tech

China’s live-streamers ready for their close-up as official jobs list updated

Live-streamers and test drivers of smart cars have been added to a list of officially recognised professions in China, a…

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