The US e-commerce giant is aggressively promoting its new budget-shopping platform this holiday season to take on Temu and Shein.
The ride-hailing giant may consider using Pony AI’s autonomous-driving technology outside the US, a source says.
The AI Experts Committee is expected to promote China’s perspective on how the fast-growing technology should be governed.
PDD’s results, including a 66 per cent jump in net revenue, outperformed rivals, but it did not allay investor concerns amid e-commerce competition.
The founder of bottled water company Nongfu Spring called Pinduoduo a main contributor to aggressive pricing causing ‘huge harm for Chinese brands’.
The internet search giant pulled in US$4.6 billion in the September quarter, with a decline in online marketing outpacing AI growth.
The new group brings together Taobao and Tmall Group, Alibaba International and a slew of other e-commerce operations.
The event’s two-week sales period saw ‘a double-digit, year-on-year decline’ in iPhone sales amid stiff competition from Chinese rivals.
The proposed breakup was floated in a 23-page document filed late Wednesday by the US Department of Justice.
Zhong Shanshan, founder of bottled-drinks giant Nongfu Spring, blames ByteDance’s social media apps for perpetuating online assaults.
