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Wency Chen
Reporter, Tech
Wency tells stories that explore how technologies are reshaping society, with a focus on cross-border e-commerce, AI, the supply chain and others. Before joining SCMP, Wency contributed to KrASIA, Wired, Rest of World, World of Chinese, Tech in Asia, Vice China (BIE), Harper's Bazaar, etc. She attended Columbia Journalism School.
Shein, which sells budget clothing to a global customer base, was praised by state media for its contribution to industry upgrading.
The initiative aims to generate about US$7 billion from medical product exports by 2027.
The Chinese bargain shopping site is accused of operating in Vietnam without government approval, according to local reports.
Chew Shou Zi calls earning local trust around the world “a big challenge” for TikTok at a summit in Riyadh.
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The index series, launching on November 15, will offer benchmarks for bitcoin and ether.
The sprawling research and development complex is set to play an important role in the nation’s push towards self-reliance.
Intern was terminated in August for ‘maliciously interfering’ with a model training project, the owner of TikTok said in statement.
The InnoTech discussions reflect the steps being taken by the government and private sector to set the path for AI to thrive in Hong Kong.
The foreign company had outsourced the job to a Chinese firm licensed for mapping, according to China’s State Security Ministry.
Indonesia’s core issue with Temu is how a large volume of cheap Chinese goods entering the country could impact its manufacturing sector.
Tesla live-streamed the event across almost every major Chinese social media platform, where it quickly became a top trending topic.
That aligns with data showing a 12.7 per cent year-on-year decline in foreign smartphone shipments, including those of Apple, in August.
Shein is not talking about its anticipated London initial public offering, but has broken ground on a massive supply chain hub in Guangzhou.
During the first four days of the holiday, the number of transactions made via Alipay in overseas markets surged 60 per cent year on year.
As China’s economy struggles, a rat race in the e-commerce sector has taken a toll on merchants and manufacturers.
Alibaba took control of Sun Art Retail Group four years ago to pursue a ‘new retail’ strategy.
After expanding from Southeast Asia to China, the logistics firm has set its sights on the Middle East and South America.
CEO Wang Xing’s internal announcement reflects Meituan’s efforts to address mainland policymakers’ concerns over the welfare of gig workers.
Singapore-based Ant International will serve as Tottenham Hotspur’s exclusive global payment solutions provider and digital wallet partner.
The US House of Representatives bill aims to put DJI on a national security blacklist under the Federal Communications Commission.
As start-up funding dwindles, investments are concentrated in a few unicorns, such as those in the integrated circuit sector.
The new standard, introduced under a UN framework, is meant to guard against risks such as data leaks, model tampering and supplier non-compliance.
This marks the start of a broader restructuring that would potentially cut up to 30 per cent of Samsung’s mainland workforce by next year.
Alibaba is soliciting feedback from merchants about accepting China’s second-largest mobile payments network on the country’s largest e-commerce sites.
A PDD executive said in a recent post-earnings call that the company is willing to sacrifice short-term profits for long-term health.
Under a three-year plan, the local sector should generate nearly US$85 billion in online sales by 2026.
Sellers had been displeased that service fees were non-refundable even when customers cancelled an order.
In the first half of 2024, more than a third of China’s new internet users were drawn to short video apps, a government survey shows.
Chinese AI app developers are increasingly eyeing international users, as the domestic market environment turns too competitive, according to industry insiders.
The postponement complicates WeRide’s listing plan, as Beijing’s approval for the deal is set to expire at the end of this week.
