Super app WeChat, operated by video gaming and social media giant Tencent Holdings, continues to strike a delicate balancing act between its role as a major revenue stream for the Shenzhen-based company and a vital public-service platform in mainland China, according to analysts. With more than 1.3 billion monthly active users (MAUs), the 13-year old … Read more
China is narrowing the artificial intelligence (AI) gap with the US through rapid progress in deploying applications and state-backed adoption of the technology, despite the lack of access to advanced chips, according to industry experts and analysts. Chinese tech firms have rushed to create their own large language models (LLMs) – the underlying technology behind … Read more
The US e-commerce giant told Chinese merchants in an invite-only meeting on Wednesday that this new online budget marketplace will feature non-branded fashion items, household goods and daily necessities, which will ship directly to consumers from warehouses on the mainland in nine to 11 days. That plan, first reported by online tech publication The Information, … Read more
