Summary Points Ant International connects 150 million merchants, 2 billion accounts worldwide. Supports 300+ payment methods across 220 markets, processing…
Browsing: China
Summary Points Samsung and SK Hynix warn of a prolonged global memory chip shortage. Rising AI demand caused record profits…
Summary Points US tech giants’ AI investments exceed $700 billion, overshadowing China’s. Google, Microsoft, and Meta plan massive $190B-$145B AI…
Summary Points Alibaba plans to spin off Jiaxing logistics asset as a Reit. The move aims to redeploy capital into…
Essential Insights Liang Wenfeng’s whereabouts remain uncertain, last seen with Chinese President. DeepSeek’s shareholding structure changed, but Liang maintains significant…
Quick Takeaways China commits to better protecting its vast gig economy workforce. A 12-point plan ensures fair wages, social security,…
Top Highlights Chinese firms abandoned a $239M Lumileds purchase due to US opposition. CFIUS deemed the deal posed “national security…
Fast Facts ByteDance’s net profit dropped over 70% in 2025 due to heavy AI investments, despite overall growth. Overseas revenue…
Essential Insights Huawei’s new Ascend 950PR and 950DT chips have been quickly integrated with DeepSeek’s latest V4 AI model, showcasing…
Fast Facts Huawei plans to invest up to 80 billion yuan ($11.7 billion) over five years to enhance its smart…