20 April 2025

Taobao, the online marketplace owned by Alibaba Group Holding, is experiencing surging popularity in the US, as an intensifying trade war between the world’s two largest economies has led to Americans facing new tariffs of 145 per cent on many Chinese goods. The app climbed to fifth place among free apps on Apple’s App Store […]

Alibaba Group Holding’s research arm, Damo Academy, has secured a key endorsement from the US Food and Drug Administration (FDA) for an artificial intelligence (AI)-powered cancer detection tool, as Chinese technology giants look to play a larger role in the global healthcare industry. The FDA granted the “breakthrough device” designation to the research group’s Damo

Digital wallets are on track to become the dominant payment method in Hong Kong by 2030, accounting for nearly half of all online and in-store transactions, marking a significant shift away from traditional credit card payments, according to a new report. Digital wallets – typically smartphone-enabled payment systems run by technology companies such as Google

Hero Esports, a Chinese esports powerhouse backed by Tencent Holdings and Saudi Arabian video-gaming giant Savvy Games Group, is betting big on artificial intelligence (AI) to streamline operations and become a global leader industry, the CEO said in an interview. “We are pilot-testing several AI models, including DeepSeek, in all aspects of the business,” said