Factbox - Chinese Firms Working on Chatgpt-Style Technology

The global buzz around Microsoft chatbot ChatGPT has spread to China, shoring up stocks in artificial intelligence (AI) related firms and prompting a flurry of local companies to announce rival projects. Like Microsoft and Google,Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for years. […]

China's JD.com Posts Slowest Growth Ever in '618' Shopping event

Total sales by China’s e-commerce giant JD.com rose 10.3 percent over the 18 days to Sunday during the first major shopping festival since a recent COVID-19 outbreak, the firm said, sharply down from the 2021 event’s growth of 27.7 percent. This year’s figure was the slowest for the retailer, showing how consumer appetite in the […]