Xreal, an augmented reality glasses maker, has launched a connected Beam Pro mobile device that allows users to capture spatial video and 3D images. Xreal BEIJING — Games and movies on Google Play Store apps can now be viewed in three dimensions via a new Android mobile device from augmented reality glasses maker Xreal, the … Read more
Alibaba.com is a platform run by the Chinese e-commerce company of the same name that focuses on overseas business customers. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe. Alibaba.com — the … Read more
Trustly CEO Johan Tjarnberg. Trustly The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year or two away from happening, even after a 51% jump in operating profit. In an exclusive interview with CNBC, Johan Tjarnberg, CEO of Trustly, said that his firm still needs … Read more
Chinese e-commerce giant Pinduoduo has been behind its rivals Alibaba and JD.com when it comes to international expansion. Now Pinduoduo has launched a U.S. e-commerce site called Temu. Rafael Henrique | Sopa Images | Lightrocket | Getty Images PDD’s value-for-money positioning and growth of its Temu marketplace has helped the tech giant lead China’s e-commerce … Read more
Alibaba’s international e-commerce platform AliExpress is a UEFA Euro 2024 sponsor and has signed David Beckham as its global brand ambassador. AliExpress BEIJING — Soccer star David Beckham will promote Alibaba‘s international e-commerce platform, AliExpress, in its biggest global brand ambassador partnership to date, the business unit announced Monday. The deal comes against the backdrop … Read more
Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Alibaba on Thursday said it expanded its global cloud computing availability, while the head of the unit’s international arm touted the company’s AI products as a way to fuel growth. The Chinese technology giant said it has expanded the availability zone of its cloud computing … Read more
Alibaba is operating in Suqian City, Jiangsu Province, China, on December 29, 2023. Costfoto | Nurphoto | Getty Images Hong Kong-listed shares of Alibaba fell over 5% Thursday following a report that the Chinese tech giant is considering selling convertible bonds to raise $5 billion. Shares ended the trading day 5.24% lower, after falling more … Read more
Co-founder, CEO and chairman of Baidu, Robin Li attends the Viva Technology show at Parc des Expositions Porte de Versailles on May 22, 2024 in Paris, France. Viva Technology, the biggest tech show in Europe but also in a unique digital format, for 4 days of reconnection and relaunch thanks to innovation. The event brings … Read more
Roundhill Investments wants to mimic the success of its Magnificent Seven ETF (MAGS) in China. The firm’s CEO Dave Mazza plans to launch the Lucky Eight ETF, which aims to be China’s answer to the success of Wall Street’s big tech stocks. “There’s a lot of question marks about the Chinese economy and the potential … Read more
An advertisement for the Huawei Pura70 mobile phone is being seen in front of the Apple Store on the pedestrian street of Nanjing Road in Shanghai, China, on May 15, 2024. Nurphoto | Nurphoto | Getty Images Apple is offering hefty discounts on iPhones in China in a bid to boost sales amid intense competition … Read more
