Translated by Nicola Mira Published Dec 19, 2023 As bankruptcy loomed, Farfetch found a last-minute rescuer in Korean e-commerce giant Coupang, which bought the British luxury e-tailer and bailed it …
Translated by Nicola Mira Published Dec 18, 2023 Chinese e-commerce giant Alibaba continues to pour money into Lazada. The group has reportedly invested an additional $634 million (€581 million) in …
Chinese e-commerce giant Alibaba Group Holding is taking more steps to expand its overseas business as it jostles with fast-growing platforms such as Shein and Temu to become the bridge …
By Reuters Published Dec 13, 2023 The founder of JD.com told staff he acknowledged the e-commerce giant was too large and inefficient and vowed to instil change, in response to …
China’s TikTok has agreed to spend $840 million to buy most of Indonesian tech conglomerate GoTo’s e-commerce unit – a move that appears to allow it to restart its online …
Alibaba Group Holding’s research unit Damo Academy has launched an artificial intelligence (AI) large language model tailored for southeast Asian languages, highlighting the company’s ambition to grow markets in the …
LLMs are deep-learning AI algorithms that can recognise, summarise, translate, predict and generate content using very large data sets. While the arrival of ChatGPT has spurred a frenzy among Chinese …
It may or may not be significant but Farfetch said on Wednesday that director J Michael Evans resigned from its board as of 30 November. Evans is president of Alibaba …
Speculation around Farfetch’s future continues to grow as its share price falls and multiple rumours emerge about what it does and doesn’t plan to do. The share price dropped to …
By Reuters Published Dec 3, 2023 U.S.-listed shares of Alibaba Group Holding declined on Friday following a Morgan Stanley downgrade on concerns over slower turnaround in its key businesses, hours …