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Ant Group pushes wider adoption of AI-enabled smart glasses for mobile payments

Ant Group pushes wider adoption of AI-enabled smart glasses for mobile payments

The first such payment outside mainland China was recently completed in Hong Kong using Meizu’s StarV smart glasses, according to a statement on Thursday by the company, an affiliate of Post owner Alibaba Group Holding. That transaction was made via AlipayHK, the Hong Kong platform of Ant Group’s flagship Alipay app, using Meizu’s smart eyewear […]

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Meituan’s food delivery market dominance in China remains stable at 70%, report says

Meituan’s food delivery market dominance in China remains stable at 70%, report says

Meituan, the Chinese on-demand delivery giant, is maintaining a steady hold on its 70 per cent market share in domestic food delivery, despite intensifying competition from JD.com and Alibaba Group Holding’s Ele.me, as daily orders reached 90 million in recent days, according to a report by Chinese tech media outlet Leiphone.com, citing internal data. Meituan

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Alibaba and JD.com claim record participation in 618 sales event, boosted by subsidies

Alibaba and JD.com claim record participation in 618 sales event, boosted by subsidies

More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value (GMV) on Alibaba’s Taobao and Tmall platforms during the weeks-long event, the company said on Thursday. The roster included global names such as Apple, Nike, Adidas, L’Oreal and Lululemon, alongside Chinese heavyweights like Midea, Haier, Xiaomi and Huawei Technologies. Alibaba,

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Alibaba Cloud to open second data centre in South Korea as AI demand rises

Alibaba Cloud to open second data centre in South Korea as AI demand rises

Alibaba Cloud, the cloud computing and artificial intelligence (AI) unit of Alibaba Group Holding, is set to launch its second data centre in South Korea to address growing demand driven by the rapid development of generative AI. The company said on Thursday that the new centre would be operational by the end of June, representing

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Huawei defends role as AI, 5G infrastructure supplier at Shanghai MWC trade show

Huawei defends role as AI, 5G infrastructure supplier at Shanghai MWC trade show

Huawei Technologies is seeking to deepen its role as a global supplier of artificial intelligence (AI) and 5G infrastructure for network operators, as the telecoms industry faces market saturation. Speaking at the Mobile World Congress (MWC) in Shanghai on Wednesday, Huawei deputy chairman Eric Xu Zhijun said that 40 years of rapid development in the

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Where is Trump’s ‘all-American’ phone made? Supply chain analysts say Asia, probably China

Where is Trump’s ‘all-American’ phone made? Supply chain analysts say Asia, probably China

The search is on to identify the actual manufacturer behind the US$499 Trump Mobile T1 smartphone, as most supply chain analysts cast doubt on the claim by the US president’s family that the device could be “proudly designed and built in the United States.” China, the world’s largest smartphone market since 2011, is also the

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TikTok’s fate still in limbo as Trump extends deadline to sell platform’s US operations

TikTok’s fate still in limbo as Trump extends deadline to sell platform’s US operations

The fate of short video app TikTok in the United States remains in limbo, according to analysts, even as the Trump administration gives owner ByteDance a fresh 90-day extension to find a non-Chinese buyer for the popular platform’s operations in the country. The White House on Tuesday said US President Donald Trump would sign another

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Alibaba recruits top Chinese AI scientist Li Xiangang to lead speech-recognition push

Alibaba recruits top Chinese AI scientist Li Xiangang to lead speech-recognition push

Li Xiangang, a leading Chinese scientist in speech recognition, has joined Alibaba Group Holding to spearhead its artificial intelligence (AI) voice team, boosting the tech giant’s capabilities in the burgeoning field. Sources familiar with the matter said Li, who holds a PhD in Computer and Information Sciences from Peking University, had taken on a role

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China’s humanoid robot firms pay 3 times national average amid AI talent crunch

China’s humanoid robot firms pay 3 times national average amid AI talent crunch

As China witnesses a boom in humanoid robotics, companies in the sector are offering salaries more than three times the urban average to lure top engineers and AI talent – underscoring a deepening talent crunch that even industry leaders acknowledge. The average monthly pay for humanoid robot algorithm engineers now stands at 31,512 yuan (US$4386),

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Unitree Robotics boosts capital base, paving the way for new fundraising round

Unitree Robotics boosts capital base, paving the way for new fundraising round

Hangzhou-based Unitree Robotics, a rising star in China’s booming robotics industry, has increased its registered capital from 2.6 million yuan to 2.9 million yuan (US$400,000), a move that could signal preparations for a new fundraising round. The company fuelled speculation about a potential initial public offering (IPO) in May when it transitioned from a limited

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