Douyin Mall was launched last week as a downloadable app for Android users in mainland China, the world’s largest smartphone market. An Apple iOS version of the app was not released as of Tuesday. The new app serves “as an extension of the Douyin platform, designed to elevate the overall shopping experience of [its] existing … Read more
Seoul: South Korea’s antitrust regulator, on Monday, said that it will launch a study into the e-commerce sector to analyse the market structure and check competition issues as part of efforts to ensure fair business practices amid a growing number of online shopping consumers. The Fair Trade Commission (FTC) said that the four-week preliminary market … Read more
Chinese artificial intelligence company Moonshot AI claims that its Kimi chatbot can now handle up to 2 million Chinese characters in a single prompt – the instruction or query a user enters into the interface of a ChatGPT-like service – to surpass the capabilities of existing home-grown AI tools. The Beijing-based start-up, known in Chinese … Read more
The ambitious domestic and international marketing campaigns show EHang’s confidence in generating strong market demand, months after its self-developed EH216-S became the world’s first recipient of a Type Certificate and Standard Airworthiness Certificate for pilotless eVTOLs. Those certifications were issued last October and December, respectively, by the Civil Aviation Administration of China (CAAC). A screenshot … Read more
Unlike regular books, audiobooks can be listened to at any time, such as during your daily commute. Or, if you find yourself with tired eyes and still have the desire to get lost in beautiful prose, Audible is a great service to consider. The books are recited audibly on whatever device you’re using, leaving your … Read more
Apple is enlarging its applied research operations in mainland China, as the US technology giant’s iPhone sales slow in the world’s largest smartphone market amid increased competition from Huawei Technologies and other major domestic handset vendors. Cupertino, California-based Apple plans to expand its research centre in Shanghai to support all of its product lines and … Read more
In a recently released Mastercard Signals report titled, “Emerging Technology Trends for 2024,” the company’s insights experts explored tech trends across artificial intelligence, computational power and data technologies that will be shaping the face of commerce in the next three to five years. Particularly, the retail sector is posed to experience significant transformations changing how … Read more
Alibaba International has launched a new campaign to promote its artificial intelligence (AI) tools aimed at helping merchants to tap overseas markets on Alibaba.com, in the latest push to expand cross-border e-commerce business. The new campaign says Alibaba’s generative AI tools can be used to “lower the threshold for entering into global trade” via its … Read more
New Delhi: Rural e-commerce startup Rozana on Wednesday announced that it has received $22.5 million in the latest funding round. The round was led by the investment firm Bertelsmann India Investments (BII) with participation from the VC firm Fireside Ventures and existing investors. “With this funding, we will continue building out our logistics and supply … Read more
The generative AI tools provided by Huiwa, operated by Alibaba subsidiary Hangzhou Lianfan Information Technology, enable merchants to create both text and graphics content. Alibaba owns the South China Morning Post. A merchant, for example, can input a brief description of a product, which prompts the tool to create customised content for marketing and promotion. … Read more
