Meituan and Ele.me are using ‘fatigue management’ systems in several cities, halting orders after 12-hour days, as work climbs in slowing economy.
The tech giant infringed EU’s General Data Protection Regulation, according to the country’s data watchdog.
The Shenzhen-based carmaker is increasing its investment in humanoid robots amid a flurry of investment from local governments.
The world’s largest retailer is partnering up with another Chinese tech firm four months after dumping its stake in JD.com.
Zhipu said it doubled its revenue year on year in the 11 months to November, without providing an exact figure.
The deal for the department store chain is valued at 7.4 billion yuan, less than half of what Alibaba sank into it.
IC output growth for the year through November was up 23 per cent, while imports were up 14.8 per cent amid an intensifying US-China chip war.
Beijing may be looking to add teeth to its response to Washington’s escalating chip war, starting with a slap on the wrist for the AI-chip maker.
In the first 11 months of 2024, China’s semiconductor industry recorded 677 investment deals, a decline of 35.9 per cent year on year.
The reported Intime sale is part of Alibaba’s broader efforts to restructure its business and refocus on its e-commerce and cloud businesses.
