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Chinese tech stars Alibaba, JD fuel convertible bond surge, likely 'precursor' to IPO rush
South China Morning Post via Yahoo Finance· 4 days agoA combined US$10.5 billion in convertible bond offerings by Chinese tech leaders including JD.com, ...
Chinese fashion student outsmarts AI teams to reach finals of Alibaba maths competition
South China Morning Post via Yahoo Finance· 5 days agoA 17-year-old student majoring in fashion design, who is self-taught in maths, beat all the...
Chinese AI social media apps see demand rise in overseas markets amid slow mainland adoption
South China Morning Post via Yahoo Finance· 6 days agoShanghai-based MiniMax - a generative AI start-up that counts South China Morning Post owner Alibaba...
ByteDance said to cut 450 jobs in Indonesia after TikTok Shop-Tokopedia deal
South China Morning Post· 6 days agoIndonesia is among the earliest markets for ByteDance’s e-commerce ambitions – and thus far, the...
China's venture capital 'godfather' Neil Shen exits board of food delivery giant Meituan
South China Morning Post via Yahoo Finance· 1 day agoNeil Shen Nanpeng, the billionaire founder of Chinese venture capital firm HongShan, formerly...
ByteDance to Cut 450 Jobs in Indonesia After Tokopedia Deal
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- ByteDance Ltd. is slashing about 450 jobs at its Indonesian e-commerce arm in the...
China's Ant Group invests $2.9 billion in technology research last year
Reuters via Yahoo Finance· 5 days agoThe financial affiliate of e-commerce giant Alibaba Group, also said as part of the report that the...
Tencent's WeChat breaks ranks to ban digital influencers in live streaming
South China Morning Post via Yahoo Finance· 1 day agoChinese social media giant Tencent Holdings plans to ban digital hosts powered by artificial...
Luxury Labels Slash Prices 50% to Lure Wary Chinese Shoppers
The Business of Fashion· 4 days agoStarting this month, Chinese shoppers can snap up a small beige, crocodile-patterned version of...
Apple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not Cash
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- When Apple Inc. Chief Executive Officer Tim Cook and his top deputies this week...