Chinese AI tutoring apps take over US learning space
Tech in Asia » China
by Samreen Ahmad
6d ago
Question AI has been downloaded 6 million times in the US, while ByteDance's Gauth has garnered 12 million installs, reported TechCrunch ..read more
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Alibaba looking at $5b raise through bond issuance: report
Tech in Asia » China
by Lokesh Choudhary
1w ago
The move echoes that of rival JD.com, which plans to issue convertible notes to raise US$1.75 billion, Bloomberg reported ..read more
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Pinduoduo more than doubles revenue, grows operating profits by 275% in Q1
Tech in Asia » China
by Miguel Cordon
1w ago
The company's cash, cash equivalents, and short-term investments hit US$33.5 billion as of March 31 ..read more
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ByteDance’s ChatGPT-like bot now leading in China
Tech in Asia » China
by Samreen Ahmad
1w ago
Doubao was the most downloaded AI bot on iOS in the year through April, collecting 9 million downloads, reported Bloomberg ..read more
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Didi co-founder resigns as president, board director
Tech in Asia » China
by Samreen Ahmad
1w ago
Jean Liu will now transition to a new position as "permanent partner," where she will retain her current responsibilities, Reuters reported ..read more
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JD.com’s revenue growth steady as income from operations rises
Tech in Asia » China
by Simon Huang
2w ago
Its revenue of US$36 billion for the first quarter of this year was up by 7% from Q1 2023.  ..read more
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Baidu’s AI pivot helps drive revenue, despite overall sluggish growth
Tech in Asia » China
by Simon Huang
2w ago
Aside from its AI Cloud unit, the Chinese tech giant also made significant strides in its AI and intelligent driving businesses ..read more
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Tencent grows revenue 6%, operating profits 30% in Q1 2024
Tech in Asia » China
by Miguel Cordon
2w ago
However, the internet giant grew its capital expenditure over 3x to US$2 billion in the quarter compared to the same period last year ..read more
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US eyes 4x tariff hike on Chinese electric cars: report
Tech in Asia » China
by Samreen Ahmad
2w ago
The move, along with tariffs on other greentech products from overseas, is expected to be announced soon, reported Financial Times ..read more
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US plans tariffs on Chinese EVs, other sectors: report
Tech in Asia » China
by Gabriel Budi Sutrisno
3w ago
The tariffs differ from what former president Donald Trump suggested, which would apply to all Chinese exports instead of specific sectors ..read more
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