Technology

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May 29, 2024

Tencent sharpens focus on ‘evergreen’ video games in mainland China as domestic industry matures

The strategy takes into account the broad transformation in China’s video gaming market, which is maturing, according to Tencent senior vice-president Steven Ma.

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May 29, 2024

Hong Kong-listed SenseTime says generative AI will help the firm turn a profit in 2 years

Chinese AI pioneer SenseTime is aiming for profitability within the next two years as revenue from its generative AI business tripled last year, and is expected to become the firm’s new profit engine.

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May 28, 2024

Tencent launches AI platform to decode inscriptions on China’s ancient oracle bones

The internet giant’s Oracle Bones Corpus provides an artificial intelligence-powered online database dedicated to the study of the ancient inscriptions on oracle bones.

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May 28, 2024

Tencent’s DnF Mobile rises as new runaway hit for video gaming giant, surpassing Honour of Kings’ daily revenue on debut

As of Tuesday, Tencent’s Dungeon & Fighter Mobile remained at the top of free-to-download games on Apple’s China App Store.

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May 28, 2024

Toyota shows 'an engine reborn' with green fuel despite global push for battery electric cars

Japanese automaker Toyota introduced plans to cast a futuristic spin on the traditional internal combustion engine

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May 28, 2024

JD.com billionaire founder Richard Liu blasts underperforming employees, as e-commerce giant faces mounting competition

Richard Liu lashes out at employees as the Chinese e-commerce giant tries to run a tighter ship amid rising competition and a weak economy.

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May 28, 2024

Temu, Pinduoduo parent PDD trades near cheapest level ever as tech war, Alibaba rivalry deter investors

Shares of the parent of Temu and Pinduoduo are being held back by geopolitical risks and fierce competition in China’s e-commerce sector.

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May 28, 2024

Tencent’s WeChat Pay expands coverage to the Maldives amid rebound of Chinese holidaymakers heading overseas

The Chinese internet giant aims to expand the coverage of WeChat Pay in the Maldives to 8,000 merchants by the end of this year.

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May 27, 2024

ByteDance and Kuaishou see exodus of top AI experts to new ventures as China’s unicorn boom looks for next OpenAI

The departure of AI experts from these Big Tech firms reflects increased investor interest in start-ups that could become the next OpenAI.

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May 27, 2024

Tech war: China doubles down on semiconductor self-sufficiency drive with US$47.5 billion Big Fund III

The third phase of the China Integrated Circuit Industry Investment Fund has 19 equity investors, led by the Ministry of Finance and the country’s major state-owned banks.

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