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The company will adopt a ‘rotating presidential system’ for the two new businesses, with each unit president serving a six-month term.
Total industrial robot deliveries this year are estimated to reach 300,000 units, down 5 per cent from 2023.
Amid rife speculation, the company says it has no current plans to go public or pursue a back-door listing.
In January, the DOD added AMEC and other Chinese tech firms to the blacklist because they were considered a threat to US national security.
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The deal for the department store chain is valued at 7.4 billion yuan, less than half of what Alibaba sank into it.
The reported Intime sale is part of Alibaba’s broader efforts to restructure its business and refocus on its e-commerce and cloud businesses.
Black Myth took home the award for Best Action Game, the only prize out of the four awards it was nominated for.
Industry revenue grew 7.53 per cent to US$44.8 billion in what has been a big year for Chinese games overseas, including Black Myth: Wukong.
One example of ‘cultural confidence’ is that the game has inspired the use of more Chinese pinyin instead of English.
The growth is testament to how China’s esports industry has become a booming business, with local clubs making an impact on the global arena.
The investigation into Nvidia’s previously-approved Mellanox acquisition marks the first time that China’s market regulator has opened the books on a closed deal.
Alibaba’s Fan Luyuan admitted he was ‘out of line’ with controversial remarks that he said during a meeting with employees of Lingxi Games.
Two of the world’s most popular budget-shopping platforms have suspended business in the Southeast Asian nation.
The e-commerce giant is sponsoring the most-watched broadcast in the world, as it seeks to revive growth amid tough competition and a slowing economy.
China’s leading cloud services provider is prioritising investments in its operations across Indonesia, Thailand and other markets.
Newly blacklisted Empyrean and Skyverse say the sanctions will have little impact, pointing to their local tech stack and domestic customers.
The lay-offs at NetEase’s offices in the southern tech hub are said to affect employees involved in mobile game Hyper Front.
The founder’s visit is his first known trip to his hometown since March 2023.
Online game sales for the Chinese Nintendo Switch will cease on March 31, 2026, while other related services will end weeks later on May 15.
The merger of Alibaba’s domestic and overseas e-commerce businesses is expected to improve the firm’s operational and financial performance.
The AI Experts Committee is expected to promote China’s perspective on how the fast-growing technology should be governed.
The founder of bottled water company Nongfu Spring called Pinduoduo a main contributor to aggressive pricing causing ‘huge harm for Chinese brands’.
The new group brings together Taobao and Tmall Group, Alibaba International and a slew of other e-commerce operations.
The data reflects the success of China’s industrial automation strategy, as part of broader efforts to upgrade its industrial economy.
The surge was mainly on the back of Huawei’s Mate X5, which was launched last September and has remained the top-selling foldable model since.
Rokid’s US$345 smart glasses are the latest from China to adopt generative AI to capitalise on the burgeoning product category.
Net income surged 58 per cent to US$6 billion in the three months that ended in September, beating analysts’ estimates.
DingTalk was once a unit under Alibaba Cloud, but became a separate business last August amid the firm’s largest-ever corporate restructuring.
The Shanghai-based company recorded an adjusted net profit of 235.9 million yuan (US$33.6 million) during the third quarter.
Video gaming sales, traditionally Tencent’s strongest revenue driver, grew 14% in the domestic market.
