How e-commerce and livestreaming became frenemies

By Emma Lee

Baidu’s billionaire founder Robin Li. “Home appliance queen” Dong Mingzhu, of electronics maker Gree. Luo Yonghao, the indebted online celebrity founder of smartphone maker Smartisan. China’s livestreaming industry has welcomed a flurry of high-profile…

How e-commerce and livestreaming became frenemies

By Emma Lee

Baidu’s billionaire founder Robin Li. “Home appliance queen” Dong Mingzhu, of electronics maker Gree. Luo Yonghao, the indebted online celebrity founder of smartphone maker Smartisan. China’s livestreaming industry has welcomed a flurry of high-profile…

Tencent to plow $70 billion into cloud, AI over 5 years

By Wei Sheng

Chinese internet giant Tencent announced Tuesday it will invest RMB 500 billion (around $69.9 billion) into cloud computing and other technologies over the next five years.

Why it matters: While the Shenzhen-based company said the investment pl…

Hangzhou proposes more expansive health code system

By Shaun Ee

Government officials in the eastern Chinese city of Hangzhou have proposed adapting the city’s anti-pandemic health code system for long-term use, pushing far beyond parameters used to assess individual health risks during the country’s lockdown period…