US trade office removes Tencent’s WeChat from ‘notorious’ counterfeit sellers list
WeChat was among six online Chinese platforms and nine bricks-and-mortar sellers added to the counterfeit goods list in 2022 ...
Tencent: Growth At The Right Price
Tencent's strong social media and fintech segments, coupled with a positive gross profit trend, underline favorable business ...
U.S. Adds ByteDance Unit, Drops Tencent's WeChat From 'Notorious Markets' List
The U.S. Trade Representative has added an e-commerce platform owned by TikTok's parent to its "notorious markets" list, naming the entity as one of more than 70 online and physical markets ...
Alibaba Leverages Scale and Deep Pockets to Slash AI LLM Prices To Gain Market Share
Alibaba cuts prices on large language models by up to 85% amid fierce competition in Chinese market, while investing in AI ...
Alibaba Stock Gains On Discounts
Alibaba (NYSE:BABA) announced Tuesday it is cutting prices on its large language models by up to 85%. The Hangzhou-based <a ...
ByteDance leads China’s Big Tech sector in capital spending with US$11 billion for 2024
ByteDance, which generates strong cash flow from Douyin, the Chinese version of TikTok, is expected to double its capital ...
Alibaba Cloud announces aggressive LLM price cuts in bid to dominate China’s AI market
Alibaba Cloud is the cloud computing arm of the Chinese e-commerce giant Alibaba Group Holding Ltd. The price cuts highlight ...
Alibaba cuts pricing of its vision-language AI model by 85% amid fierce competition in China
Chinese tech giant Alibaba is lowering the price of its visual language AI model Qwen-VL by 85 per cent to 0.003 yuan per ...
Yahoo Finance8d
Alibaba Leverages Scale and Deep Pockets to Slash AI LLM Prices To Gain Market Share
Alibaba, Tencent, and Baidu disbursed $7 billion on AI infrastructure and processors in the first half of 2024.