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China’s Black Myth: Wukong mania lifts sales of Sony’s PS5 console, other gaming hardware

The hit action role-playing game – developed by Tencent Holdings-backed studio Game Science and based on the classic Chinese novel…

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Tech

AI demand returns Alibaba Cloud to company growth engine as e-commerce slows

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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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 leading apps, including WeChat and Taobao, test proposed national cyber ID system

Chinese internet users can apply for a virtual ID, according to the regulation, “on a voluntary basis” to verify their…

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New Business Jobs

Alibaba’s Taobao and ByteDance’s Douyin seek e-commerce price war detente with new policies

Two of China’s leading e-commerce platform operators, Alibaba Group Holding and TikTok owner ByteDance, have started to adjust their focus…

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Tech

Alibaba’s Tmall waives annual service fee, while Taobao relaxes ‘refund only’ policy

Tmall, home to mainly established brands and sellers, from September 1 will waive its annual software service fee that used…

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Tech

ByteDance-owned Douyin said to miss first-half e-commerce sales goal amid weak consumption

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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Tech

Alibaba bets on Taobao, Tmall clothing merchants to compete overseas against Shein, Temu

Eligible merchants on Taobao and Tmall can enroll in Alibaba’s new pan-clothing global free shipping plan, so they can sell…

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