AI investment has boosted the company’s revenue in search and recommendation scenarios, Chen said, and helped increase the frequency with…
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“This is what I call the substitution effect,” Chang, founder and managing partner of Beijing-based VC firm GenBridge Capital, told…
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Chinese food delivery giant Meituan has partnered with Midea, one of the world’s largest home appliances makers, to enable app…
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Chinese online shopping giant JD.com reported a 92 per cent year-on-year jump in quarterly net income to 12.6 billion yuan…
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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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Shanghai-based e-commerce app Dewu, a popular option among young Chinese consumers looking for niche brands, will trim its workforce by…
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Online shoppers got their first opportunity to test out China’s new digital currency this weekend during an e-commerce festival organised…
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ByteDance-owned Douyin, the Chinese version of global hit short video platform TikTok, missed its target gross merchandise value (GMV) in…
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JD Digits, the digital technology arm of e-commerce firm JD.com, has launched an artificial intelligence-driven system that improves the efficiency…
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