That funding will help capitalise the development of up to 1 gigawatt of total data centre capacity outside China, according to GDS.
Popular merchandise this year include niche products like Jellycat, a British soft toy brand that is gaining popularity among young Chinese.
The US chip giant aims to expand an existing chip packaging and testing facility in China, its largest market.
The suborbital trip, scheduled for 2027, will last around 12 minutes with a maximum height of 150 kilometres.
ByteDance has faced ‘significantly’ slower revenue growth this year, according to media reports, as it struggles to get TikTok Shop to take off.
The Apple chief executive is keeping his ear to the ground in one of the US tech giant’s largest markets.
Owing to local regulatory requirements, only enterprise customers are eligible to subscribe to Azure OpenAI Service in mainland China.
The adverse reaction to stand-up comedian Yang Li shows that JD.com underestimated how she is constantly targeted by male internet users.
Initiating a review would help safeguard national security and the interests of Chinese consumers, the group said.
ByteDance-owned TikTok attributed that increase to its growing user base, improved ad performance and greater live-streaming revenue.
15 Oct 2024 - 8:30PM videocam
The X200 series marks the latest effort by Vivo to crack the global smartphone industry’s lucrative high-end segment.
The latest expansion initiatives of Temu reflect its efforts to grow in Southeast Asia, home to nearly 700 million people.
The Ola Friend earphones are linked to ByteDance’s self-developed chatbot, Doubao, currently China’s most popular GenAI app.
Production in Taiwan will cease from December 25 and involve the dismissal of around 360 employees.
Major online platforms for dining and travel-booking services recorded increased expenditure by mainland consumers during the annual holiday.
A British man’s social media posts went viral after he revealed his gruelling work schedule at a video game maker in Guangzhou.
Shanghai Hi-Dolphin Robot Technology aims to cut down the costs of operating coffee shops to revive the industry, says founder Philip Han.
3 Oct 2024 - 12:09PM videocam
Total distance driven by Chinese autonomous cars on public roads in California dropped almost 74 per cent in the 12 months to November 2023.
The world’s second-largest economy is on track to meet a 2025 target set last year but still trails the US in total computing muscle.
Controversies erupted after influencer Crazy Little Brother Yang falsely promoted mooncakes he sold as shipped from Hong Kong.
ByteDance’s short video platform will close TikTok Music on November 28, ending an effort to take on Spotify, Apple and Google in the market.
24 Sep 2024 - 11:25PM videocam
The new Doubao-PixelDance and Doubao-Seaweed large language models will be available from next month.
A new report by the company portrays gig employment as an alternative for people in between full-time jobs.
Lemon8, a social app owned by Chinese tech giant ByteDance, is increasing in popularity in the US as the company’s flagship short video platform TikTok faces a potential ban.
The Chinese company rejected reports that it aims to engage the world’s largest chip foundry TSMC to mass-produce advanced semiconductors.
Funding for start-ups in China remains at a low point, although the amount raised in the first half is already more than 50 per cent of 2023’s total, suggesting a potential recovery.
125 Chinese firms with overseas operations received funding across 156 deals during the period between November 2023 and August this year.
Investment guru Fang Fenglei said the situation could lead to ‘a big problem’ in the industry because it goes against existing Chinese law.
The short-video platform saw gross merchandise value rise by 46 per cent in the year ended July 2024, an executive says.
This would mark the third round of dividend payments by Ant Group, following two previous rounds in December and March 2022.