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China’s Lunar New Year travellers try to outsmart algorithms for cheaper fares

The Lunar New Year holiday is among the priciest time to travel in China, but this year, Chinese internet user…

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New Business

JD.com launches gifting feature to compete with Alibaba, Tencent ahead of Lunar New Year

Chinese e-commerce platform operator JD.com on Friday introduced a gifting feature on its mobile app, joining rival Alibaba Group Holding…

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New Business

TikTok parent ByteDance denies its secret algorithms create filter bubbles

An executive from Chinese social media giant ByteDance played down the role of its content-recommendation algorithms in creating so-called filter…

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Opinion | China will rein in vicious competition at the root of its overcapacity

The Chinese economic miracle occurred on a far greater scale than even the most experienced observers could have imagined. It…

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PDD’s Chinese-American billionaire investor Duan Yongping heaps praise on Temu

Chinese-American billionaire and low-key entrepreneur-investor Duan Yongping publicly praised e-commerce giant PDD Holdings’ Temu for its marketing success, highlighting the…

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China’s tech giants vow to fix algorithm issues amid government crackdown

Major Chinese internet platforms have vowed to improve their algorithms, after the mainland’s internet watchdog launched a campaign to address…

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New Business

E-commerce giants jump on China’s latest trade-in programme amid heated competition

China’s major e-commerce companies, from JD.com to Alibaba Group Holding, are rushing to take advantage of Beijing’s latest subsidies aimed…

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Alibaba sells hypermarket operator Sun Art for US$1.7 billion to refocus on e-commerce

The deal between Alibaba and Chinese private-equity firm DCP Capital was reached on the last day of 2024, involving the…

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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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Temu owner PDD sees 10% plunge in pre-market trading despite 44% revenue growth

PDD Holdings shares plunged by more than 10 per cent in pre-market trading, despite a 44 per cent rise in…

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