Alibaba revenue edges up to US$33.5 billion but misses estimates in second quarter

Source: Tech – South China Morning PostThe e-commerce giant’s revenue grew 4 per cent while profits…

JD.com profit surges in second quarter after slashing prices, installing trade-in programme

Source: Tech – South China Morning PostThe e-commerce giant posted a 92% rise in second-quarter revenue,…

Lenovo’s net income up 65% in June quarter as ‘intelligent devices’ see strong growth

Source: Tech – South China Morning PostLenovo reported a 20 per cent year-on-year increase in revenue…

US online retailer iHerb taps Alibaba’s Cainiao for new Hong Kong logistics facility

Source: Tech – South China Morning PostUS online retailer iHerb is setting up a new warehouse…

Chinese Big Tech to see big AI gains in social, educational and office use, report says

Source: Tech – South China Morning PostTech giants are seeing the biggest gains from GenAI by…

Hesai’s reported removal from Pentagon blacklist draws criticism from Republican senators

Source: Tech – South China Morning PostFinancial Times said the sensor maker has been dropped from…

HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry

Source: Tech – South China Morning PostThe sandbox serves as a framework, with computing resources and…

Mercedes-Benz teams up with TikTok owner ByteDance on AI technology for in-car systems

Source: Tech – South China Morning PostGerman carmaker Mercedes-Benz has struck a partnership with the cloud…

Tencent profit jumps 82%, beating estimates after strong video gaming, ad growth

Source: Tech – South China Morning PostTencent’s profit grew to US$6.6 billion in the second quarter…

Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Source: Tech – South China Morning PostFoxconn expects revenue to grow in the current quarter and…

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