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Filing: Shanghai-based self-driving company Banma aims to spin off from Alibaba via a Hong Kong IPO, reducing Alibaba's stake from the current 44.72% to 30%
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www.scmp.com
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13 hours ago
Hong Kong
IPO
Alibaba
Shanghai
Alibaba-backed Z.ai, formerly Zhipu, launches a general-purpose AI agent app, which lets users use natural language to book hotels, order takeaway, and more
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www.scmp.com
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13 hours ago
NLP
Alibaba
AI
Report: Douyin is merging its online shopping and instant delivery platforms, as ByteDance takes on Alibaba, JD.com, and Meituan in China's quick delivery race
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www.scmp.com
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21 days ago
China
Alibaba
Alibaba previews the Quark AI glasses, which are its first pair of AI-powered glasses and named after its AI assistant, with plans to launch them later in 2025
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www.scmp.com
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25 days ago
Alibaba
AI
China's Qianfan, the third largest satellite broadband constellation with 90 operational satellites, remains far short of its goal of 648 by the end of 2025
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www.scmp.com
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28 days ago
China
How an open-source approach helped DeepSeek and other Chinese AI companies; Hugging Face: Alibaba's Qwen is now the world's largest open-source AI ecosystem
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www.scmp.com
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2025-7-20
China
Alibaba
AI
A look at Xiaomi AI Glasses, launched in China on June 26 with a starting price of ~$278, featuring a 12MP ultra-wide camera and powered by Qualcomm's AR1 chip
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www.scmp.com
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2025-7-13
China
AI
Xiaomi
AR
The team behind AI agent Manus has relocated its HQ to Singapore and started recruiting there, while parent company Butterfly Effect reportedly remains in China
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www.scmp.com
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2025-7-10
China
AI
Singapore
Meituan says daily orders on its instant delivery service surpassed 120M on July 5, setting an all-time high, with food orders accounting for 100M of them
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www.scmp.com
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2025-7-7
TikTok launches its e-commerce platform, TikTok Shop, in Japan, marking its 17th market, following launches in the US, the UK, Malaysia, Thailand, and others
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www.scmp.com
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2025-7-2
Japan
Thailand
Malaysia
Supercell makes Brawl Stars available on WeChat and says Clash Royale is “currently being developed” for a September launch on the WeChat mini-game platform
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www.scmp.com
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2025-6-26
WeChat
In a letter to staff, CEO Eddie Wu says Alibaba is merging its food delivery platform Ele.me and online travel agency Fliggy into its core e-commerce business
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www.scmp.com
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2025-6-25
Alibaba
How Huawei has remained resilient in the face of US sanctions; Mizuho: about 700,000 units of Huawei's Ascend 910 series are expected to ship in 2025
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2025-6-21
Huawei unveils a beta version of HarmonyOS 6, making it available to developers, and announces the HarmonyOS Agent Framework to help developers create AI agents
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www.scmp.com
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2025-6-21
AI
Singapore-based investment app Syfe raised a $53M Series C extension, taking the round to $80M and total funding to $132M, and plans to expand into Hong Kong
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www.scmp.com
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2025-6-8
Hong Kong
Singapore
China's Hainan province tests letting some corporate users bypass the Great Firewall and access the global internet, as it seeks to become a free-trade port
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www.scmp.com
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2025-6-6
China
Chinese food delivery giant Meituan reports Q1 revenue up 18.1% to ~$12.1B, vs. $12B est., net profit up 87.3% YoY to ~$1.4B, as it expands outside China
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www.scmp.com
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2025-5-26
China
Amap, Alibaba's mapping and local services business, introduces a ride-hailing feature on the app's English version, targeting foreign visitors in China
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www.scmp.com
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2025-5-25
China
Alibaba
Zhejiang, home to Alibaba and DeepSeek, publishes an AI policy that expects companies in the AI supply chain to make $138B+ in total operating revenues by 2027
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www.scmp.com
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2025-5-21
Alibaba
AI
Huawei unveiled its first laptop running HarmonyOS 5, after its Windows license for PCs expired in March 2025; the unnamed laptop uses Huawei's Celia assistant
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www.scmp.com
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2025-5-9
DeepSeek quietly open-sources Prover-V2 AI, a math-focused, 671B-parameter model using mixture-of-experts, on Hugging Face, one day after Alibaba released Qwen3
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www.scmp.com
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2025-4-30
Alibaba
AI
Mathematics
Filing: China's leading flash memory chipmaker YMTC raised ~$219M from Hebei Yangyuan Zhihui Beverage Co. at a ~$22.1B valuation in December 2023
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www.scmp.com
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2025-4-27
China
Alibaba's AI assistant Quark surpassed ByteDance's Doubao to become China's most popular AI app in March, with ~150M and ~100M MAUs globally, respectively
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www.scmp.com
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2025-4-13
China
Alibaba
AI
China discloses details about its ~$8.2B AI Industry Investment Fund, aimed at early-stage investments in AI projects, established with money from the Big Fund
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www.scmp.com
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2025-4-11
China
AI
DeepSeek and Tsinghua University researchers detail an approach combining reasoning methods to let LLMs deliver better and faster results to general queries
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www.scmp.com
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2025-4-6
Microsoft has closed its IoT & AI Insider Lab in Shanghai, reflecting a broader pullback from China amid geopolitical tensions; the lab was opened in May 2019
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www.scmp.com
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2025-4-1
IoT
China
Microsoft
AI
Shanghai
Chinese chip equipment manufacturer SiCarrier debuted ~30 “domestically controllable” products at the Semicon China show, as China pushes for chip self-reliance
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www.scmp.com
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2025-3-30
China
Tencent unveils Hunyuan T1, which leverages large-scale reinforcement learning to rival DeepSeek's R1 in both performance and pricing
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www.scmp.com
)
2025-3-23
Tencent
Sources: TSMC cuts ties with Singapore-based PowerAIR due to a potential breach of US export controls, after a TSMC chip was found in a Huawei AI processor
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www.scmp.com
)
2025-1-11
AI
Singapore
Douyin, Pinduoduo, and Xiaohongshu vow to improve their algorithms, after China launched a campaign in November 2024 to address “typical issues with algorithms”
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www.scmp.com
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2025-1-5
China
Algorithm
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