Temu took the world by storm – but has the shopping app lost its thunder?

South China Morning Post - Oct 5, 2026

In February 2023, the budget shopping platform Temu announced itself on the world stage in the brashest way possible: becoming one of the youngest ever brands to buy a Super Bowl advertising spot. “Download the Temu app and shop like a billionaire,” a voice proclaimed in the 30-second commercial, as a woman danced on screen and ordered a series of outlandishly cheap items: from a US$8.99 dress to a US$4.99 wig. The commercial – which aired twice during the game, costing Temu an estimated US$14...

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Xi at White House, trade-war truce extension, Golden Week travel

Xi at White House, trade-war truce extension, Golden Week travel

Chinese President Xi Jinping and US President Donald Trump discussed artificial intelligence (AI) and Taiwan at the White House on Thursday as part of a state visit dominated by pageantry. On AI, Xi said that “the right thing to do is to draw on each other’s strengths, not guard against each other”, according to a statement from the Chinese foreign ministry. He also backed continued dialogue about risks, joint efforts to prevent misuse and keeping AI under human control. Trump earlier said on...

Xi-Trump dinner puts US tech titans in spotlight – what does it mean for China ties?

Xi-Trump dinner puts US tech titans in spotlight – what does it mean for China ties?

If the American guests seated at the head table with President Xi Jinping and US President Donald Trump at Thursday’s White House state dinner were any indication, Washington now views its relationship with Beijing largely through the prism of technology. Analysts said the seating arrangement underscored how tech industry titans driving the global AI infrastructure boom were pushing to draw the two economic superpowers closer together. Sitting alongside Xi, Chinese first lady Peng Liyuan, Trump...

Alibaba unveils ‘pragmatic’ AI road map to drive monetisation, infrastructure efficiency

Alibaba unveils ‘pragmatic’ AI road map to drive monetisation, infrastructure efficiency

The artificial intelligence road map presented at its flagship Apsara Conference this week showcased a pragmatic pivot by Chinese tech giant Alibaba Group Holding, offering a clearer path to monetisation despite a sharp escalation in capital expenditure, analysts said. The conference, which ran from Tuesday to Thursday under the theme “Intelligence goes beyond”, highlighted “Alibaba’s disciplined execution across its full-stack AI ecosystem”, said Cathy Chan, an analyst at CCB International. She...

Alibaba Cloud set to open new data centres in Europe next year as overseas push gains pace

Alibaba Cloud set to open new data centres in Europe next year as overseas push gains pace

Alibaba Cloud, Alibaba Group Holding’s cloud business unit, is set to launch data centres in Turkey, Finland and the Netherlands over the next 12 months, speeding up an overseas push as it seeks to win enterprise customers through its “full stack AI capabilities” spanning chips, cloud infrastructure and multimodal models. The first of these new data centres will open in the Netherlands in October. The cloud unit will also add to existing data centre capacity in Malaysia, Germany, the United Arab...

Alibaba teases 10-trillion-parameter model, debuts ‘China’s most powerful’ AI chip

Alibaba teases 10-trillion-parameter model, debuts ‘China’s most powerful’ AI chip

Alibaba Group Holding has introduced what it called China’s most powerful artificial intelligence chip and teased plans to train an AI model with up to 10 trillion parameters, as top executives reaffirmed the tech giant’s ambition to pursue artificial superintelligence (ASI). Speaking at the company’s annual Apsara Conference in Hangzhou on Tuesday, group chairman Joe Tsai highlighted Alibaba’s commitment to building end-to-end capabilities. “Alibaba is firmly investing in building full-stack AI...

Ant Group consolidates Alipay operations in big bet on AI ‘agentic commerce’

Ant Group consolidates Alipay operations in big bet on AI ‘agentic commerce’

Chinese fintech giant Ant Group has revamped its online payments operations by creating a new business group for Alipay, as it sharpens its artificial intelligence focus on “agentic commerce” to drive new growth. Ant, an Alibaba Group Holding affiliate, merged its Digital Payment Business Group, Alipay Business Group and Zhima Credit Business Group into a new business unit dedicated to Alipay, according to an internal letter from CEO Cyril Han Xinyi on Monday, as reported by Chinese media outlet...

As AI safety fears mount, can a US-China hotline prevent a global crisis?

As AI safety fears mount, can a US-China hotline prevent a global crisis?

The United States and China’s agreement to establish an official AI dialogue, including a proposed threat-notification system, marks a pragmatic step towards crisis prevention in their tech war, even as deep-seated divisions over chip access, model distillation and market dominance threaten to limit its impact, analysts said. Announced following high-level talks in New York on Sunday between US Treasury Secretary Scott Bessent, US Trade Representative Jamieson Greer and Vice-Premier He Lifeng,...

US, China agree AI dialogue ahead of Trump-Xi summit

US, China agree AI dialogue ahead of Trump-Xi summit

Chinese and US negotiators made progress on artificial intelligence (AI) and trade ahead of President Xi Jinping’s visit to the White House later this week. “We had a very successful engagement with the Chinese on trade and AI,” US Treasury Secretary Scott Bessent told reporters following Sunday’s eight-hour-long negotiations at JPMorgan Chase’s head office in New York. The talks had a “good atmosphere” and were “not bad”, said China’s Li Chenggang. Li’s promotion to international trade...

Neither the US nor China can win the AI race alone, BofA analyst says

Neither the US nor China can win the AI race alone, BofA analyst says

Neither Beijing nor Washington can win the race for artificial intelligence dominance without relying on other countries, a Bank of America analyst said ahead of this week’s high-stakes bilateral summit, citing deeply entangled global tech supply chains. While China’s advantages had emerged in areas like power grids and manufacturing equipment, the country remained reliant on overseas suppliers for advanced chips, memory and some high-end materials, said Matty Zhao, co-head of China equity at...

As the US weighs restrictions on cloud computing, how will China’s AI sector adapt?

As the US weighs restrictions on cloud computing, how will China’s AI sector adapt?

When Chinese artificial intelligence developers want to train their next-generation frontier models, they all face the same daunting wall: they cannot legally buy the world’s most powerful AI chips. However, the country’s tech giants and start-ups have still managed to quietly keep pace with global rivals. Their secret is an elusive workaround: moving heavy training workloads across borders through the cloud. By setting up proxy entities in foreign jurisdictions, domestic firms have for years...

China’s GoPro rival Insta360 opens first US flagship store in New York’s Times Square

China’s GoPro rival Insta360 opens first US flagship store in New York’s Times Square

Chinese action camera maker Insta360 is deepening its US footprint with a flagship store opening in New York as it navigates escalating price competition with DJI and industry-wide memory cost pressures. The Chinese GoPro rival was slated to plant its flag in the heart of Times Square with its first flagship retail store in the US on Saturday, a marquee launch as the firm looked to “leap to the next stage of growth”, co-founder Max Richter said. “The US market plays a very important role for us...

Alibaba open-sources medical AI model that can detect cancer and nearly 150 conditions

Alibaba open-sources medical AI model that can detect cancer and nearly 150 conditions

Alibaba Group Holding’s research arm, Damo Academy, has open-sourced an artificial intelligence model capable of identifying nearly 150 abdominal conditions – including cancers – by reading computed tomography (CT) scans, marking the latest step in the firm’s growing medical AI efforts. The vision-language model, called Damo Radar, was designed to analyse contrast-enhanced CT scans covering 18 abdominal organs and identify a broad range of diseases and other abnormalities, such as malignant...

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