Alibaba Cloud on Friday launched Qwen2 – the second iteration of its open-source Tongyi Qianwen family of large language models (LLM), the technology behind chatbots such as OpenAI’s ChatGPT – …
Hong Kong’s start-ups excel in fintech, e-commerce and logistics, sectors that are in high demand in Southeast Asia. The region’s large unbanked population and fragmented logistics networks present significant opportunities …
Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back consumers from rising rival Pinduoduo and …
People shop at online fast-fashion retailer Shein’s pop-up store in Ottawa, Ontario, Canada, on May 18, 2024. Photo: Reuters The pressure comes from these investors’ hopes of cashing out, according …
About 185 brands – including major smartphone vendors Apple, Xiaomi and Huawei Technologies – have each achieved more than 100 million yuan (US$13.8 million) in gross merchandise value, while 37,000 …
The novel system, which Pinduoduo rolled out on Wednesday, provides merchants on the platform a fast and intelligent way to “keep pace with [the pricing strategy of] competitors”, according to …
Hangzhou-based Alibaba, owner of the South China Morning Post, on Thursday signed a deal to sell 26.5 million Baozun shares to Champion Kerry for US$21.8 million, according to Baozun’s latest …
Shares of Temu parent PDD Holdings are being held back by geopolitical risks and fierce competition in China’s e-commerce sector. Granted, it US-listed stock has surged 43 per cent from …
Alibaba Group Holding’s global shopping platform AliExpress has signed up English football star David Beckham as its global brand ambassador, as the Chinese e-commerce giant strengthened efforts to boost its …
Illustration by Sadhana Saxena via AI. Synopsis Around 60% of all e-commerce orders in India are still cash on delivery (COD). And that’s bad news for e-commerce giants, D2C brands …