Alibaba, JD.com, Pinduoduo launch campaigns for Singles’ Day shopping festival on same day

Alibaba, JD.com, Pinduoduo launch campaigns for Singles’ Day shopping festival on same day

Taobao and Tmall Group, Alibaba’s domestic e-commerce business unit, launched at 8pm on Monday the presale stage of its promotion for Singles’ Day – also known as 11.11 or Double 11, referring to the shopping extravaganza originally observed on November 11 – as the company anticipates a record-high volume of users taking part in this … Read more

Chinese tech giants from ByteDance to Meituan see surge in ‘golden week’ consumer spending

Chinese tech giants from ByteDance to Meituan see surge in ‘golden week’ consumer spending

Chinese tech giants providing dining and travel-booking services saw consumer spending surge on their platforms during the “golden week” National Day holiday, according to data released by on-demand local services firms including Meituan and ByteDance-owned Douyin, the Chinese version of TikTok. During the first five days of the annual break, which ran this year from … Read more

Hello, Jarvis? China’s new AI app stirs dreams of Tony Stark’s assistant becoming reality

Hello, Jarvis? China’s new AI app stirs dreams of Tony Stark’s assistant becoming reality

The fictional Jarvis – an acronym that stands for “Just a Rather Very Intelligent System” – is a sophisticated AI assistant that made its debut in the 2008 film Iron Man, in which it manages and operates the internal systems of Stark’s laboratory, home and superhero armours. Ant Group, the fintech affiliate of Alibaba Group … Read more