Articles from www.scmp.com

Articles from www.scmp.com

Aicpb.com: ByteDance's Doubao had 51M MAUs in China, the highest for AI chatbots in China, ahead of 12.5M for Baidu's Wenxiaoyan and 10M for Moonshot AI's Kimi (www.scmp.com)
9 days ago China AI chatbot

AppGrowing: in Q3, Moonshot, Zhipu, ByteDance, Alibaba, and other Chinese AI companies spent ~$70.2M to promote their AI chatbots, as the market gets crowded (www.scmp.com)
17 days ago China Alibaba AI chatbot

ByteDance debuts its first earbuds, open-ear wearables called Ola Friend that have audio access to its Doubao chatbot, shipping on October 17 in China for ~$170 (www.scmp.com)
2024-10-15 China chatbot

Apple opens an applied research laboratory in Shenzhen; Chinese state media says it will employ 1,000+ and become Apple's “most extensive” lab outside the US (www.scmp.com)
2024-10-15 China Apple Shenzhen

Chinese local media: Chinese video surveillance tech supplier Hikvision plans to lay off 1,000+ R&D staff; Hikvision denied any “large-scale lay-offs” (www.scmp.com)
2024-10-15 China

How Beixiazhu, a Chinese village that was a hotspot of activity during the livestream shopping boom on Douyin, Kuaishou and other apps, became a cautionary tale (www.scmp.com)
2024-10-5 China

Ant Group launches Zhixiaobao, a standalone AI app to let users facilitate daily tasks such as ordering meals and hailing taxis, and access third-party services (www.scmp.com)
2024-9-5 AI

A profile of Yang Zhilin, the founder and CEO of China's highest-valued AI unicorn Moonshot, who studied at Carnegie Mellon University and worked at Huawei (www.scmp.com)
2024-8-7 China AI

In an effort to compete with Shein and Temu, Alibaba's Taobao and Tmall offer qualified merchants, selling goods in the fashion category, free overseas shipping (www.scmp.com)
2024-7-24 Alibaba

Dealogic: foreign capital in China's VC industry fell 60% YoY to $3.7B in 2023, just 10% of the 2021 peak, leading to an expansion of state-backed funds (www.scmp.com)
2024-7-17 China

Sources: X-Epic, a Chinese EDA software maker for designing chips that had raised $121.7M as of March 2023, is laying off up to 50% staff amid market headwinds (www.scmp.com)
2024-7-13 China

Hong Kong proposes stiffer penalties for illegal ride-hailing services and use of licensing to regulate platforms such as Uber, potentially limiting their scope (www.scmp.com)
2024-7-9 Hong Kong Uber

Preqin: China accounted for 90% of global semiconductor VC funding in 2023, with $22.2B and up from $9.5B in 2022; the funding slowed to just $1.6B in H1 2024 (www.scmp.com)
2024-7-6 China

Sources: Huawei plans to partner with Chinese foundry Wuhan Xinxin to develop high-bandwidth memory chips, marking its latest effort to defy US sanctions (www.scmp.com)
2024-7-1 China

Sources: Shein CEO Xu Yangtian has deliberately kept a low profile for fear of attracting unwanted public attention; Shein has never published any photos of him (www.scmp.com)
2024-6-18

Meituan reports Q1 revenue up 25% YoY to ~$10.1B and profit up ~60% YoY to ~$745M, boosted by gains from its core local commerce operations led by food delivery (www.scmp.com)
2024-6-8

Tens of thousands of overworked employees have left their jobs at China's largest tech companies in recent years, as the industry lost its growth momentum (www.scmp.com)
2024-5-5 China

Taiwan's KYEC, one of the largest chip testing and packaging services firms, divests its entire stake in a Suzhou, China-based subsidiary citing US restrictions (www.scmp.com)
2024-5-1 China Taiwan

National Bureau of Statistics: China's integrated circuit output rose 40% YoY to 98.1B units in Q1, a sign that the country is expanding legacy chip production (www.scmp.com)
2024-4-20 China

Sources: ByteDance, which was directly involved in countering US efforts to ban TikTok in 2020, has let the US TikTok team lead the response this time around (www.scmp.com)
2024-4-6 Ban

EU sees 200% surge in Xinjiang imports despite supposed human rights concerns (www.scmp.com)
2024-3-22 Europe

China warns foreign hackers are infiltrating ‘hundreds' of business and government networks (www.scmp.com)
2024-3-21 China

Europe looks to Japan for defence pact amid ‘worrying shift' in regional dynamic (www.scmp.com)
2024-3-21 Europe Japan

Russia-China relations will become stronger, Vladimir Putin says in post-election victory speech (www.scmp.com)
2024-3-18 Russia China Putin

Niger breaks off military cooperation with US, as junta moves closer to Russia (www.scmp.com)
2024-3-17 Russia

China Vanke debt downgraded to ‘junk' status by Moody's as liquidity concerns mount amid tumbling property sales (www.scmp.com)
2024-3-12 China

US trade sanctions, software gap taking toll on China's cybersecurity ambitions (www.scmp.com)
2024-3-12 China

Beijing-based Moonshot AI, which launched its AI chatbot Kimi Chat in October 2023, raised $1B+ led by Alibaba and HongShan, reportedly at a ~$2.5B valuation (www.scmp.com)
2024-2-21 Alibaba AI chatbot

Meizu, which was acquired by Chinese automaker Geely in 2022, will no longer make smartphones, to pursue an “all in AI” strategy over the next three years (www.scmp.com)
2024-2-20 China AI

‘Everyone looked real': multinational firm's Hong Kong office loses HK$200 million after scammers stage deepfake video meeting (www.scmp.com)
2024-2-6 Hong Kong

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