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Chinese online retailer JD.com is in talks with bankers to list shares of its online supermarket joint venture in the U.S. next May, looking to capitalize on the growth of China’s e-commerce sector, which is a bright spot in the country’s otherwise weakening economy.
Dada-JD Daojia, a joint venture controlled by JD.com and 10% owned by Walmart, which earlier sold its own China-based ...
A little-known Chinese discount shopping app is gaining ground in Europe and the Middle East, posing a potential challenge to U.S. e-commerce startup Wish’s efforts to expand globally.
The app, called Vova, is going after the price-conscious consumers also being targeted by Wish. It is one of an emerging group of Chinese e-commerce companies that are focusing entirely on overseas markets, ...
Tencent plans to boost its spending on AI-related research, including by investing in AI startups, Tencent executive Wang Long said on Thursday. The investment is part of Tencent’s effort to help its corporate clients apply artificial intelligence technologies to their businesses.
“AI is something we have to invest in heavily over the next few years,” said Wang, vice ...
China’s Huawei and Google were working together on a new Huawei-branded smart speaker right before President Donald Trump restricted Huawei’s access to U.S. tech suppliers, say people familiar with the situation. The collaboration, which was suspended in May, shows that the companies were even closer than previously understood.
Before the U.S. president’s action, which was in ...
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