Sun Art deal is ecommerce group’s second major divestment of bricks-and-mortar assets in less than a month
Alibaba, ByteDance and Meituan seek to poach top talent from US rivals despite Washington’s chip curbs
Chinese retail investors are a formidable force and known for their enthusiasm for tech names
Capital spending doubles as Alibaba, Tencent and Baidu buy processors and infrastructure behind the training of large language models
Ecommerce festival loses lustre as platforms offer year-round discounts
Luxury ecommerce platform’s decision comes at a time of weaker economic momentum in the mainland
Chair and chief vow to balance repurchases with investments to keep up with new developments in artificial intelligence
Ecommerce giant offers computing resources to fast-growing start-ups in exchange for equity
Chinese tech group currently rents server space from state-owned partners
Low operational costs and lower spending on warehousing and inventory give PDD-owned group an edge
AliExpress and Temu are undercutting domestic competition and US rivals in world’s fourth-largest online shopping market
Chinese tech giants are hogging scarce cloud resources to develop generative AI models as US restrictions bite
Rural communities say buying across online shopping sites is the new norm for Chinese consumers
Chair Joe Tsai blames market conditions for the decision while quarterly sales figures fall short of expectations
When an asset is declared ‘uninvestable’ it is often time to buy
Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuring
New group CEO Eddie Wu is now chief executive of cloud and online retail divisions in latest restructuring
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Temu owner’s global strategy has paid off
Intervention comes at critical moment for tech group as main rival gains ground
Chinese tech group’s shock change in direction represents gamble by new chief in face of US curbs
Shares fall 10% after Chinese ecommerce group says US export controls have created ‘uncertainties’
Chinese tech groups restricted to using outdated processors as Washington aims to curtail Beijing’s AI ambitions
Traditional ecommerce is struggling to hold on to its shoppers
Belgian security service says Chinese group’s logistics arm in Liège under scrutiny over use of sensitive data
