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Comparing the current crisis to the SARS outbreak of 2003, some people argue that similar to how SARS boosted China’s e-commerce industry, the COVID-19 outbreak could also propel new innovations.
On March 22, the China Association of Automotive Manufacturers (CAAM) urged for an immediate end to the price war in the Chinese auto market following a succession of car price reductions and sales promotions earlier this month.
Since the global surge in use of ChatGPT, a prototype chatbot developed by San Francisco-based artificial intelligence lab OpenAI, many related mini-programs have appeared on Tencent's WeChat app popular in China, although they now appear to have been restricted.
Tencent recently held an online internal staff meeting to discuss reducing costs and increasing efficiency. About 100 employees attended the meeting, during which firm founder Pony Ma delivered a sharp speech, pointing out the problems with the company's internal management.
Recent rumors about Huawei's expansion into the smart car industry, including alleged severed partnerships and plans for factory construction, have once again cast the Chinese tech giant's most concerned business segment into the spotlight.
Suning International, the international business arm of Chinese retail giant Suning Group, unveiled a new cross-border initiative that will see the company partner with foreign brands that are seeking entry into China.
A game license agreement between Blizzard and NetEase will expire on January 23, and Blizzard has decided not to renew it. Blizzard China latest announcement invited widespread criticism from Chinese web users.
Alibaba Vice President Yan Qiao said: As a Hangzhou-based Chinese company, we applaud DeepSeek, but the information circulating outside that Alibaba has invested in DeepSeek is false news.
Fast fashion e-commerce company SHEIN is now in talks with General Atlantic regarding a new round of financing.
When Chinese internet workers are complaining about the 996 working schedule in the tech giants in China, horrible things are also happening to tech workers across the Pacific Ocean.
On Wednesday, Lei Jun, Co-Founder and CEO of Xiaomi, announced via his Weibo account that Xiaomi Auto Co. Ltd has been officially established, with registered capital of 10 billion yuan ($1.5 billion).
"Education is the most powerful weapon which you can use to change the world." -Nelson Mandela [caption id="attachment_3616" align="aligncenter" width="100...