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Wency Chen
Reporter, Tech
Wency tells stories that explore how technologies are reshaping society, with a focus on cross-border e-commerce, AI, the supply chain and others. Before joining SCMP, Wency contributed to KrASIA, Wired, Rest of World, World of Chinese, Tech in Asia, Vice China (BIE), Harper's Bazaar, etc. She attended Columbia Journalism School.
Tesla live-streamed the event across almost every major Chinese social media platform, where it quickly became a top trending topic.
That aligns with data showing a 12.7 per cent year-on-year decline in foreign smartphone shipments, including those of Apple, in August.
Shein is not talking about its anticipated London initial public offering, but has broken ground on a massive supply chain hub in Guangzhou.
During the first four days of the holiday, the number of transactions made via Alipay in overseas markets surged 60 per cent year on year.
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As China’s economy struggles, a rat race in the e-commerce sector has taken a toll on merchants and manufacturers.
Alibaba took control of Sun Art Retail Group four years ago to pursue a ‘new retail’ strategy.
After expanding from Southeast Asia to China, the logistics firm has set its sights on the Middle East and South America.
CEO Wang Xing’s internal announcement reflects Meituan’s efforts to address mainland policymakers’ concerns over the welfare of gig workers.
Singapore-based Ant International will serve as Tottenham Hotspur’s exclusive global payment solutions provider and digital wallet partner.
The US House of Representatives bill aims to put DJI on a national security blacklist under the Federal Communications Commission.
As start-up funding dwindles, investments are concentrated in a few unicorns, such as those in the integrated circuit sector.
The new standard, introduced under a UN framework, is meant to guard against risks such as data leaks, model tampering and supplier non-compliance.
This marks the start of a broader restructuring that would potentially cut up to 30 per cent of Samsung’s mainland workforce by next year.
Alibaba is soliciting feedback from merchants about accepting China’s second-largest mobile payments network on the country’s largest e-commerce sites.
A PDD executive said in a recent post-earnings call that the company is willing to sacrifice short-term profits for long-term health.
Under a three-year plan, the local sector should generate nearly US$85 billion in online sales by 2026.
Sellers had been displeased that service fees were non-refundable even when customers cancelled an order.
In the first half of 2024, more than a third of China’s new internet users were drawn to short video apps, a government survey shows.
Chinese AI app developers are increasingly eyeing international users, as the domestic market environment turns too competitive, according to industry insiders.
The postponement complicates WeRide’s listing plan, as Beijing’s approval for the deal is set to expire at the end of this week.
CapCut, a popular video-editing app with GenAI features, recorded 38.42 million downloads in July, compared with 19.81 million downloads in the same period for ChatGPT.
NetEase Cloud Music, a subsidiary of China’s second-largest video gaming company, started offering error messages in place of tunes on Monday afternoon.
GenBridge Capital founder Robert Chang says this trend presents ‘an unexpected opportunity’ for Chinese consumer brands.
Yang Hongxia said she wants to change the existing resource-intensive process of training large language models into a decentralised, machine-learning paradigm.
The Xiaomi 15-series Android smartphone will integrate Gemini for its release outside mainland China later this year.
Thailand authorities are tightening regulations on the bargain shopping site Temu to protect local merchants from the influx of low-priced, direct-to-consumer Chinese products, according to a media report.
Sellers on the app from China’s PDD Holdings are finding it difficult to resolve disputes over withheld earnings, which must be done outside the mainland.
According to multiple merchants on Temu, the terms between the platform and its suppliers have put them at a disadvantage.
Black Sesame’s listing initiative in Hong Kong would follow the successful initial public offering in June of Tencent Holdings-backed QuantumPharm.
Hundreds of Chinese suppliers on Temu, the overseas shopping app run by PDD Holdings, staged a protest at the e-commerce giant’s office in Guangzhou over alleged unreasonable platform policies.
