Yingzhi Yang
Stories by Yingzhi Yang
China’s Baidu to finish testing ChatGPT-style project ‘Ernie Bot’ in March
It plans to launch an AI chatbot service similar to OpenAI's ChatGPT in March.
China’s Baidu to launch ChatGPT-style bot in March
Baidu plans to incorporate chatbot-generated results when users make search requests.
China’s Ant Group says no plan for IPO, focusing on business optimisation
Ant's $37b IPO was cancelled at the last minute in 2020, leading to a forced restructuring of the firm.
Ant Group founder Jack Ma to cede control in key overhaul
The move comes as Ant is nearing the completion of its two-year regulator-driven restructuring.
China’s Meituan beats quarterly revenue estimates, swings to profit
Meituan swung to a quarterly profit as it pulled the brakes on heavily funding its new initiatives.
TikTok owner ByteDance increases price of share buyback for employees
It is said to have offered $155 per unit, up from $142 earlier this year
ByteDance plans to expand its board to a maximum of nine, from current five
The board of the company includes its new chief executive Liang Rubo.
ByteDance set to spend up to $3b to repurchase shares from investors
The exercise is mainly aimed at helping some of its shareholders improve their liquidity positions
China’s Baidu launches its first quantum computer called Qianshi
The computer has a 10-quantum-bit processor and also developed a 36-qubit quantum chip
ByteDance’s Douyin ties up with Alibaba’s Ele.me in mini programme push
Douyin counts more than 600 million daily active users.
