PYMNTS-MonitorEdge-May-2024

china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.

Report: TikTok’s Shop Raises Concerns Over Authenticity and Data Privacy
Report: TikTok’s Shop Raises Concerns Over Authenticity and Data Privacy
September 08, 2023  |  Social Commerce

TikTok’s new Shop marketplace, which has launched to some users in the United States, has reportedly raised concerns about product authenticity and data privacy. The early version...

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Tencent Unveils ‘Hunyuan’ As Chinese Tech Firms Jump on AI Train
Tencent Unveils ‘Hunyuan’ As Chinese Tech Firms Jump on AI Train
September 07, 2023  |  artificial intelligence

Tencent Holdings is the latest Chinese tech giant to launch an artificial intelligence (AI) model. That’s according to Dowson Tong, CEO of the cloud and smart...

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China Could Ban iPhone Use for State Agencies and Companies
China Could Ban iPhone Use for State Agencies and Companies
September 07, 2023  |  Regulation

China is reportedly planning a wide-ranging ban on Apple iPhones for government workers. As Bloomberg reported Thursday (Sept. 7), the ban would apply to sensitive departments of state-owned companies...

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Baidu Adds 10 New Products to Its AI Stable
Baidu Adds 10 New Products to Its AI Stable
September 05, 2023  |  artificial intelligence

Days after unveiling a new chatbot, Baidu has added several new AI products. As CNBC reported Tuesday (Sept. 5), the Chinese tech giant has debuted 10 artificial intelligence...

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Chinese Tech Giants Begin Enforcing New Government App Rules
Chinese Tech Giants Begin Enforcing New Government App Rules
September 04, 2023  |  Regulation

China’s technology giants have reportedly begun enforcing new rules governing app publishers. Mobile app stores operated by companies like Tencent and Xiaomi have begun blocking app publishers from debuting new...

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ByteDance and Baidu Release AI Chatbots to Public After Regulatory Approval
ByteDance and Baidu Release AI Chatbots to Public After Regulatory Approval
August 31, 2023  |  Artificial Intelligence

China has reportedly given regulatory approval for some tech companies to release their artificial intelligence (AI) chatbots to the public. Among the companies that did...

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Robot Waiters Delight Korea’s Restaurants but Not Its Robotics Firms
Robot Waiters Delight Korea’s Restaurants but Not Its Robotics Firms
August 27, 2023  |  artificial intelligence

Robot waiters from China have become popular with Korean restaurateurs dealing with a labor shortage. Less enthused about the autonomous servers, the Financial Times (FT) reported...

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Gucci Doubles Down on China’s Consumers With JD.com Expansion
Gucci Doubles Down on China’s Consumers With JD.com Expansion
August 21, 2023  |  eCommerce

As Richemont acknowledges the declining influence of China on luxury shopping, Kering is seeking to delve deeper into the market, aiming to connect with consumers...

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Chinese eCommerce Giants Embrace Lower-Priced Goods
Chinese eCommerce Giants Embrace Lower-Priced Goods
August 21, 2023  |  eCommerce

Consumers in China have started trading down, and the country’s eCommerce giants are acting accordingly. Companies like Alibaba and JD.com have launched campaigns to promote lower-priced items, The Wall Street...

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