Jing Yang

When venture capital giant Sequoia decided to carve off Sequoia China two years ago in response to growing tensions between the U.S. and China, the newly independent China firm was expected to continue pouring its huge funds into Chinese startups. Renamed HongShan (Mandarin for Sequoia), the ...

A new front has opened in the AI race between the U.S. and China. A six-month old Chinese startup has jumped into the market for coding assistants aimed at amateurs, hoping to make a global splash the way Chinese firms DeepSeek and Manus did in open-source models and AI that controls web ...

Temu has discontinued its direct-from-China shipping model and now requires China-based merchants to fulfill orders on their own when selling to the U.S. market.  The shift marks the online bargain seller’s latest attempt to keep its site stocked  as sky-rocketing tariffs make it uneconomical for Temu to send orders to the U.S directly. Temu has already been aggressively recruiting U.S.-based

Chinese gaming giant Tencent Holdings relinquished its two board seats at ‘Fortnite’ maker Epic Games, after the U.S. Department of Justice raised concerns about antitrust violations. The two Epic board of directors also serve on Tencent’s board, which according to the DOJ is a violation of the Clayton Act that prohibits directors and officers from serving simultaneously on the boards of

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

Didi Global, the Chinese ride-hailing giant whose U.S. initial public offering in 2021 upset Chinese regulators so much the company delisted less than a year later, is coming out of its shell after two years of seclusion. Hoping to go public again in Hong Kong next year, Didi is telling ...

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 ...

As U.S. lawmakers step up efforts to penalize Chinese-owned bargain retail site Temu over the alleged sale of goods made with forced labor on its site, the company is holding fast to its longstanding response: It is a marketplace for independent sellers, just like Amazon and Etsy, and shouldn’t ...

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 ...