Tag: e-commerce
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China Pins Hopes on Society-Wide AI Push to Add Jobs, Rejuvenate Economy
By Laurie Chen China's scramble to adopt artificial intelligence will spawn new jobs and propel the world's second-largest economy, say policymakers and company executives, as they play down growing global fears that the technology could stunt employment.
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China-Linked Platforms Gain Ground in Southeast Asia, With Vietnam Leading the Next Phase of Growth
Chinese e-commerce companies are solidifying their dominance of Southeast Asia's rapidly expanding online shopping market, accounting for as much as half of business-to-consumer e-commerce, according to a new study by the consulting firm Bain. While Indonesia, Thailand, and the Philippines ...
Indonesia Lifts TikTok License Suspension as App Shares Data
Indonesia lifted its suspension of TikTok's local operating license after the social media platform shared data requested by the government about recent protests, the Ministry of Communication and Digital Affairs said. Indonesia has the second-largest audience on TikTok, owned by China's ByteDance, ...
Trump Tariffs Boosting Nigerian E-Commerce Giant
The CEO of the Nigerian e-commerce company Jumia says the Trump administration’s tariffs are easing its access to Chinese manufacturers. Francis Dufay told Bloomberg that trade barriers in the U.S. are forcing Chinese suppliers to find other markets, which benefits Nigerian consumers. This is strengthening Jumia’s hand ...
China–ASEAN FTA 3.0 Set for October: All On Digital Trade Rules
China and the Association of Southeast Asian Nations ASEAN will sign an upgrade to their free-trade agreement at the ASEAN–China summit in Kuala Lumpur in October. The deal sets digital trade, from e-commerce to data governance and payments, ...
