The rare public spat shed light on the hidden machinations between livestreamer KOLs and brands, who were once inanimate partners looking to capitalize on the live sales trend but have seen such relationships grow increasingly complex.
In this earnings episode, the guys welcome back Michael Norris to discuss September quarter earnings for Baidu, Tencent, and Alibaba. They also answer some listener questions towards the end about which company will benefit the most from opening walled gardens as China ramps up antitrust regulations.
How is China reacting to the popular metaverse concept? TechNode talked to investors and tech companies in the country to find out.
Singles Day is still a big deal, but people were less obsessed with the shopping event this year, at least as indicated by sales trends.
Many of our speakers at BEYOND Virtual Opening touched on digitalization and how it can transform economies.
Xiaomi is pouring billions of RMB into the auto sector and placing some big bets on multiple startups to build a complete auto supply chain.
BEYOND Virtual | HSBC’s David Liao: Digital transformation no longer a choice, but a necessity for businesses
In his opening remarks, David Liao, Co-Chief Executive, Asia-Pacific, HSBC said when the COVID pandemic struck, it became very clear that digital transformation was no longer a choice for businesses, but a necessity. The pandemic has an impact on payments.
In his keynote speech during Tuesday’s virtual event, Raymond Teh, sales & marketing vice president at NVIDIA, APAC, shares the US AI giant’s insights on a wide range of topics from Artificial Intelligence (AI) computing, metaverse, to startups.
BEYOND Virtual | Google’s Scott Beaumont on Asia’s advantages in technology adoption, carbon neutrality
The future for the Asia Region with technology is incredibly bright, said Scott Beaumont, president at Google Asia Pacific, during his keynote address at Tuesday’s BEYOND Virtual event. The BEYOND virtual event is a preview of the BEYOND EXPO Macao 2021 that will be held from Dec. 2 to Dec. 4.
Zhang Jindong, the billionaire founder of Suning, resigned as chairman of the Chinese retail conglomerate this Monday. Zhang lost control of the company when the business sold a nearly 17% stake to a government-led consortium for a $1.36 billion bailout last week. [Bloomberg]
China’s top market regulator is set to ask Tencent Music Entertainment to give up exclusive deals with music labels like Sony, Reuters reported, as part of an anti-trust campaign. The State Administration of Market Regulation (SAMR) will also fine the Nasdaq-listed the company RMB 500,000 ($77,251) for failing to report 2016 acquisitions of music apps Kuwo and Kugou. [Reuters]
Chinese food delivery giant Meituan unveiled a self-developed drone delivery system Tuesday at the World Artificial Intelligence Conference held in Shanghai. Through a partnership with local government, Meituan plans to construct a demonstration center in Shanghai’s southwestern Jinshan district, promising 15-minute delivery for users within a three kilometer radius. [Sina, in Chinese]