Zheping Huang

2 months ago | financialpost.com | Cecilia D’Anastasio |Zheping Huang |Takashi Mochizuki

If successful, the reorganization could strengthen NetEase’s position against much larger rival Tencent Holdings Ltd. and upstarts like Mihoyo Co. If not, Ding risks undermining his own legacy. The company’s gaming business, one of the world’s largest, had $11.6 billion in revenue last year. On Thursday, NetEase reported December-quarter sales that fell short of analyst expectations. Revenue at the games division climbed 1.5%, but gross profit fell 2.6%.

2 months ago | hk.news.yahoo.com | Zheping Huang

Zheping Huang 2025年2月18日 上午3:46 【彭博】-- 百度公佈營收降幅小於預期，緩解了對其互聯網搜索和人工智能業務在激烈競爭中受挫的擔憂。 截至12月底的三個月，營收下降2%，至341億元人民幣（47億美元），平均預估為334億元人民幣。同期淨利潤為52億元人民幣，預估為39.2億元人民幣。 百度拉開了備受關注的中國科技行業財報季的序幕。在杭州初創公司DeepSeek推出可與西方同行相媲美或超越同行的人工智能模型，震驚矽谷之後，中國萬億美元規模的科技行業正吸引著投資者目光。從騰訊控股到阿里巴巴等公司股票紛紛上漲，而百度基本上錯過了這波普遍漲勢。 百度面臨著多重挑戰。在搜索領域，包括小紅書和字節跳動旗下抖音在內的社交應用程式正在奪走它的關注度和廣告收入，同時該公司還要應對經濟低迷。 在生成式人工智能方面，DeepSeek的突破 —— 建立在開源模型和超低訓練成本基礎上 —— 削弱了百度多年來推動專有技術的做法。上周，這家總部位於北京的公司也出人意料地宣布模型開源。它還將DeepSeek 最新的R1模型集成到其旗艦聊天機器人中，與騰訊的舉動如出一轍。...

2 months ago | finance.yahoo.com | Zheping Huang

Sun, Feb 16, 2025, 7:25 PM 1 min read In This Article: (Bloomberg) -- Tencent Holdings Ltd.’s shares rose 6.6% in Hong Kong Monday, extending a winning run for the company that’s gotten a boost from DeepSeek’s splashy debut. Shenzhen-based Tencent is now integrating DeepSeek’s artificial intelligence chatbot into WeChat, the company said in a statement. The internet and games giant joins a wave of service providers and government bodies embracing DeepSeek’s software across China.

2 months ago | bloomberg.com | Zheping Huang

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Jan 14, 2025 | news.bloombergtax.com | Vlad Savov |Claire Yinan Che |Zheping Huang

A pair of Chinese-made social apps, Xiaohongshu and Lemon8, have taken over the top two positions on Apple Inc.’s iPhone download charts in the US as users seek out alternatives to TikTok ahead of an imminent ban. Xiaohongshu — China’s closest analog to Instagram — became the most downloaded free app on iOS and rose to the top 10 on Alphabet Inc.’s Google Play store for the first time. Many new users labeled themselves “TikTok refugees” as they joined.