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HONG KONG -- Chinese online retailer JD.com has launched a digital avatar of its founder Richard Liu to be its live sales host as it fights for market share in live commerce, a thriving sector that the company has been struggling with.
HONG KONG -- Alibaba Group has canceled the planned listing of its logistics arm Cainiao Smart Logistics Network, the latest reversal of the e-commerce conglomerate's grand restructuring plan.
HONG KONG -- Tencent Holdings intends to at least double its share buybacks this year to 100 billion Hong Kong dollars ($12.8 billion), the Chinese tech giant said Wednesday, as the company's sales in the fourth quarter missed expectations.
HONG KONG -- China's online nationalists have found the latest target for their ire: Nongfu Spring, the Hangzhou-based bottled water and soft drinks giant whose founder, Zhong Shanshan, is the country's wealthiest person.
HONG KONG -- Chinese investment in the Asia-Pacific region rose sharply in 2023, a new report shows, bucking global trends even as the world's No. 2 economy sputters.
HONG KONG -- Chinese online retailer JD.com said Wednesday it may repurchase up to $3 billion worth of shares through March 2027, helping lift the company's U.S.-listed stock more than 17% in early trading.
HONG KONG -- Chinese search engine leader Baidu has begun to take in revenue from its artificial-intelligence-powered, ChatGPT-like service Ernie Bot, the company said Wednesday.
HONG KONG -- Around 30 years ago, Wikipedia co-founder Jimmy Wales was having a conversation with a friend about the possibility of artificial intelligence. They thought that if AI did ever arrive, it would be a very serious and fact-based technology, without imagination or creativity. Now, Wales said, he is surprised by what AI can do: It's not very good at facts, but it is really creative.