The company will adopt a ‘rotating presidential system’ for the two new businesses, with each unit president serving a six-month term.
As competition heats up, the US retailer has started tracking product pricing on rival platform Temu, according to merchants.
The US$82 million capital injection marks the Taiwanese giant’s latest foray into the electric-vehicle sector.
Trump’s repeated support for TikTok sparks speculation about potential solutions to prevent the Chinese-owned app’s impending US ban.
Huawei remains the bestselling foldable smartphone vendor in China, accounting for around half of total domestic shipments.
US president-elect offers strongest signals yet that he opposes a potential exit of TikTok from the US market.
Chinese researchers and companies such as ByteDance made up a greater share of the 37-year-old AI conference this year, but some could not secure visas.
A newly proposed regulation would require internet platform operators to report revenue information about users.
Tencent is providing cloud computing resources to strengthen Honor’s AI offerings while Apple Intelligence is still absent in China.
The new function could be Tencent’s next big hit after electronic red packets, says one merchant.
