Tencent’s in Q3 2024: mini program GMV over 2T yuan
Tencent Holdings Limited, the Shenzhen-based internet and technology giant, showcased a robust performance for the third quarter of 2024, with revenues reaching RMB 167.2 billion
China Internet Stats, Trends, Insights
Technology
Alibaba Reports Resilient Q3 2024 Performance Amid Strategic Investments and Market Expansion
Alibaba Group (NYSE: BABA; HKEX: 9988) announced robust financial results for the quarter ending September 30, 2024, underscoring its diversified revenue streams and strategic advancements
China’s AI Advantage: Faster, Cheaper Commercialization of Large Models, Says Kai-Fu Lee
As AI technology moves from breakthrough innovations to widespread commercial applications, China’s AI landscape is gaining confidence in its ability to compete globally, particularly with
China’s Cloud Service Spending Reaches $9.4 Billion in Q2 2024, Led by AI Integration
China’s cloud infrastructure service spending reached $9.4 billion in the second quarter of 2024, marking an 8% year-on-year growth, according to the latest data from
China’s Cloud Market Enters a New AI Era
The landscape of China’s cloud services industry is undergoing a seismic shift, propelled by the burgeoning applications of artificial intelligence (AI). As the sector moves
Huawei Revenue Up 34.3% YoY in H1 2024
Huawei has released its financial results for the first half of 2024, reporting robust growth and stable operations that align with market expectations. The company
China’s Generative AI Market Ecosystem Overview
As the generative AI market matures, China’s landscape is swiftly solidifying into a competitive environment driven by the country’s leading tech giants, innovative AI startups,
Huawei HiSilicon Enters Top 10 in China’s Passenger Vehicle Cockpit Chip Market
In the first half of 2024, the Chinese passenger vehicle market witnessed significant developments in the automotive cockpit chip sector. According to the latest report
3 Chinese Apps in Top 10 AI Apps
In the rapidly evolving world of AI, one might expect global giants like Alibaba to dominate. However, as of the first half of 2024, it’s
China Smartphone Market Sees 8.9% Growth in Q2 2024, Led by Domestic Brands
The International Data Corporation (IDC) has released its latest report on the Chinese smartphone market for the second quarter of 2024, revealing significant growth in
China’s AI Industry Reaches New Heights with $521 Billion in Total Funding
At the recently concluded World Artificial Intelligence Conference (WAIC) 2024, significant insights and forecasts for the AI industry were revealed. Among the highlights was the
Chinese Commercial Service Robot Industry Sees Practical Growth Phase
The Chinese commercial service robot industry has entered a more pragmatic and effective development phase. Industry clients expect robots to become efficient production and service
China’s wearable device shipment up 36% in Q1
According to the latest IDC report, China’s wearable device market experienced remarkable growth in the first quarter of 2024, outpacing the global market by a
Baidu Reports Q1 2024 Results, Highlights Developments in AI and Cloud Services
Baidu announced its unaudited financial results for Q1 2024, reflecting the company’s operational performance and key developments.
ByteDance’s AI Surge: Introducing the Doubao Model Family
In the ever-evolving field of artificial intelligence, ByteDance has taken a significant leap forward with its recent announcements at the annual “Force Conference.” This event
CIW eBooks
eBook: Win Chinese Market with Content
[tabby title=”Overview”] This eBook shares three trends of digital content consumption in China, China’s digital content ecosystem, and how content help businesses in branding and
eBook: Small Town Youth, New Growth Engine in China
[tabby title=”Overview”] The average monthly disposable income of new small-town youths from China’s lower-tier cities is 3,730 yuan, compared with 5,401 yuan of young people
eBook: China E-Commerce Factories
[tabby title=”Overview”] E-commerce factory is the collaboration of the manufacturing industry and the internet. Under the circumstances of retail sector being depressed while the traffic