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Wahaha heiress Kelly Zong Fuli back steering Chinese drinks giant after ‘shock’ quit move

An SOE run by the Shangcheng district government of Hangzhou, the city in Zhejiang province where the firm is headquartered,…

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New Business Jobs

Black Myth: Wukong is a good omen for some, but small Chinese game developers see obstacles

The response has been so enthusiastic that it has raised the hopes of China’s video gaming industry about the prospects…

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Tech

Alibaba logistics firm Cainiao launches next-day cross-border deliveries by way of Hong Kong

Cainiao Smart Logistics Network, the shipments subsidiary of Chinese e-commerce giant Alibaba Group Holding, has launched an express cross-border courier…

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Tech

China’s own Tesla Optimus? Beijing’s ambitions in humanoid robots in full display at expo

Agibot – founded by Li Zhihui, a Huawei Technologies alumnus who aims to create humanoid robots rivalling Tesla’s Optimus –unveiled…

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Tech

Black Myth: Wukong’s popularity brings unexpected windfall, fame to low-profile developer

As Black Myth: Wukong took the global gaming community by storm, the low-profile studio behind China’s first AAA video game…

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Tech

China’s first AAA game Black Myth: Wukong has both fans and brands excited

Unlike other major Chinese titles, Black Myth is one of the first to spend years in development with much of…

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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

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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New Business Jobs

China’s land purchases shrank 38% in first 7 months of 2024 amid festering property slump

China’s property developers have slowed their land grab as a slowdown in home sales continued in the industry, deterring their…

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