Chinese online fashion threatens local rivals
Online companies such as Temu and Shein offer a range of products at rock-bottom prices, spelling danger for local firms.
Source: timeslive.co.za
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AI, cross-border e-commerce are bright spots for Chinese internet firms in 2024, UBS says
Chinese internet firms can look to chase growth through international markets and artificial intelligence in 2024, according to the Swiss bank.
Source: scmp.com
Alibaba, TikTok woo US with AI and live-streaming e-commerce at CES
Alibaba and TikTok played to their strengths at CES, as they catered to a market where it has been increasingly difficult for Chinese companies to operate.
Source: scmp.com
Alibaba's Taobao and Tmall Group pushes new AI tools to boost merchants' service to consumers in first major move after leadership reshuffle
With the help of artificial intelligence, merchants on the Taobao and Tmall platforms are expected to improve their services and attract new customers.
Source: scmp.com
Alibaba bets big on cross-border e-commerce with new service base in Shanghai and more capital for Lazada
Alibaba.com has launched its first ‘digital trade service base’ in Shanghai to provide a ‘one-stop comprehensive service’ for local merchants, as e-commerce competition hots up.
Source: scmp.com