Temu-Owner PDD Soars 12% After Sales Defy Chinese Gloom
PDD Holdings Inc. revenue rose a stronger-than-expected 66% after the company behind hit shopping app Temu spent to
2023-08-29 21:50
BYD’s iPad-Making Arm Pays $2.2 Billion for Jabil China Unit
The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for
2023-08-28 10:59
Meituan Outperformance May Gather Pace as Sales Bump Expected
A surge in sales expected for Meituan may be a catalyst to its shares, which have outperformed peers
2023-08-24 08:52
Baidu Sales Beat Estimates in Good Sign for Internet Economy
Baidu Inc.’s revenue rose its most in more than a year, joining China’s largest internet companies in rediscovering
2023-08-22 18:19
Baidu’s Results May Shake Optimism Over China AI: Tech Watch
Investors betting on an extension of Baidu Inc.’s market-beating rally may be due for a reality check as
2023-08-21 10:18
Palo Alto Networks Surges After Billings Outlook Beats Estimates
Cybersecurity firm Palo Alto Networks Inc. surged after projecting stronger billings for the year than Wall Street anticipated,
2023-08-19 06:23
Lenovo Drops 6% After Profit Miss Amid Prolonged PC Downturn
Lenovo Group Ltd.’s profit missed estimates for a second straight quarter after the global PC market slid deeper
2023-08-17 14:25
China Is Dragging Smartphone Market to Worst Year in a Decade
Global smartphone shipments are headed for their worst year for over a decade as prolonged economic uncertainties in
2023-08-17 13:57
Tencent Says AI Model Coming This Year Is Among China’s Best
Tencent Holdings Ltd. said it plans to unveil a proprietary artificial-intelligence model later this year that it believes
2023-08-16 21:49
JD.com’s Sales Beat Estimates Despite Chinese Economy Weakness
JD.com Inc.’s revenue accelerated in the second quarter after its signature 6.18 festival scored with shoppers, helping the
2023-08-16 18:46
Tencent Revenue Disappoints in Warning for China Tech Sector
Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it
2023-08-16 17:51
Beijing Tries to Regulate China’s AI Sector Without Crushing It
Beijing is poised to implement sweeping new regulations for artificial intelligence services this week, trying to balance state
2023-08-15 07:19