Wency Chen

3 weeks ago | scmp.com | Ann Cao |Wency Chen

Alibaba Group Holding’s revenue rose 7 per cent in the March quarter, with its cloud computing unit continuing to be a bright spot for the tech giant as it bets its future on artificial intelligence (AI). Total revenue from the Hangzhou-based company reached 236.5 billion yuan (US$32.6 billion) in the last quarter of its financial year, slightly missing the Bloomberg consensus estimate of 237.9 billion yuan. That marked the 11th consecutive quarter of revenue growth for the company.

1 month ago | scmp.com | Coco Feng |Wency Chen

TikTok has weakened the roles of two US-based executives in a leadership reshuffle, as the short-video app operator faces an uncertain future in its largest market, with a ban deadline looming unless Beijing-based owner ByteDance divests. Nicole Le Bourgeois, who leads TikTok Shop’s US operations, no longer directly reports to TikTok e-commerce head Bob Kang Zeyu.

1 month ago | scmp.com | Ann Cao |Wency Chen

German and Japanese car brands are rushing to integrate China-developed artificial intelligence (AI) models into their cockpit systems, as Tesla awaits Beijing’s approval to install full self-driving (FSD) on its models sold on mainland China. At the Shanghai Auto Show this week, AI models developed by Chinese tech companies – including Hangzhou-based start-up DeepSeek and Big Tech firms ByteDance, Baidu and Alibaba Group Holding – have emerged as popular choices for carmakers.

2 months ago | scmp.com | Wency Chen |Coco Feng

Chinese cross-border e-commerce merchants – on platforms including Amazon.com, Shein, Temu and ByteDance-owned TikTok Shop – are rushing to cancel discounts and explore new markets, in a knee-jerk response to increased US tariffs and the end of the “de minimis” exemption from duties.

2 months ago | scmp.com | Wency Chen

The cloud storage provider has sought to restore public trust after a public outcry from a doxxing incident involving the child of a vice-president.