Jing Yang

Amazon is making its artificial intelligence-assisted selling tool available to select Chinese merchants, among other efforts aimed at better supporting sellers in the country. Project Amelia, a generative AI tool that helps independent sellers manage things such as their inventory and product listings, will soon launch a beta version in Chinese, Amazon said during its annual China seller

Alibaba plans to launch an AI-powered search engine in September that helps merchants source goods online, the Chinese e-commerce giant said on Wednesday. Using conversational AI, the search engine will be available for all e-commerce merchants, regardless of whether they sell on Alibaba’s platforms or not. The tool aims to spare merchants the trouble of searching and sifting through webpages

Amazon plans to launch a section on its shopping site featuring cheap items that ship directly to overseas consumers from warehouses in China, according to slides shown to Chinese sellers, marking the e-commerce giant’s most aggressive response yet to the growth of bargain sites like Temu and ...

China-founded fast fashion giant Shein lifted its net profit margin even as it posted slightly faster revenue growth in 2023, two people with direct knowledge of its finances said. That performance should help Shein lure investors for a highly anticipated initial public offering—if it can ...

China-founded fashion giant Shein told employees it is stepping up its efforts to keep products made with forced labor off its site, citing tougher U.S. enforcement to screen low-value parcels that previously received little customs scrutiny. In a memo to senior managers, Shein’s executive ...

As Chinese shopping site Temu faces mounting hostility toward Chinese companies from U.S. politicians, it is looking to reduce its reliance on the U.S. market. Since it launched in the U.S. less than two years ago, the site, known for its ultralow prices, has caught fire with American shoppers. ...

Sequoia Capital has finalized a key aspect of its landmark breakup with its Chinese and Indian affiliates one month ahead of schedule. The Menlo Park, Calif.-based venture firm has completed the process of separating IT systems and other back-end functions such as finance and accounting from the ...

Terry Gou, the founder of Foxconn, the world’s largest assembler of iPhones, dropped out of the race to be Taiwan’s next president, hours before a deadline to formally register candidacy for the election on Friday. It is not immediately clear whether Gou would resume any position at the company he founded, which is responsible for a majority of Apple’s iPhone production. Gou first toyed

Shein’s revenue surged more than 40% to $24 billion between January and September from a year earlier, people familiar with its finances said, growth that highlights the mounting threat for Amazon as the China-founded retailer looks to expand beyond fast fashion by ramping up sales of other ...

Amazon has agreed to invest up to $4 billion in artificial intelligence startup Anthropic, as big tech’s race for generative AI heats up. The investment is part of a broader deal between Amazon and Anthropic, according to a statement by the companies. As part of the agreement, Anthropic will choose Amazon Web Services as its primary cloud provider, and use AWS’ Trainium and Inferentia chips to