TikTok’s ecommerce arm struck a partnership with Advance Intelligence Group, a financial technology startup, to expand its online retail push in Malaysia. Advance Intelligence, backed by Warburg Pincus, will offer its Atome “buy now, pay later” service as a payment option on TikTok Shop in Malaysia, it said in a statement on July 21. The service...
Just recently, Meta, the parent company of Facebook released a statement mentioning that they will be closing down Facebook’s live shopping feature. Facebook live shopping was introduced back in 2018 for users to sell their items online. It became a hit back in 2020 when the pandemic hit as people around the globe were hit with a stay-at-home order. In...
A handout photo. Shanghai-based Dazzle Fashion joined the Metaverse Fashion Week event on blockchain-based Decentraland in March.South China Morning Post China's Big Tech companies from ByteDance to Tencent Holdings are testing the waters in the fashion metaverse even though prospects of monetisation and profitability are slim in the foreseeable future. TikTok owner ByteDance is launching a digital...
People have gained a whole jackpot solely from selling their NFT. Slowly we are seeing people work their way into the world of NFT. High demand in digital assets are the main reason to why NFT is selling like crazy because not only are these people a fan of digital art, but also consider themselves as investors and collectors. So here’s...
The music-streaming arm of Tencent Holdings will make a catalogue of Chinese songs available to subscribers of Apple’s music-streaming service in a global partnership with the US giant. The tie-up will allow record labels and artists who distribute their works through TME Music Cloud, a platform owned by Tencent Music Entertainment, to launch their content on...
An autonomous delivery vehicle by Meituan is displayed at the World Artificial Intelligence Conference (WAIC) in Shanghai, China on July 8, 2021.Reuters file More than a thousand robots are set to join the delivery personnel ranks of Chinese behemoths Alibaba, Meituan and JD.com over the next year as the pandemic fuels demand for contactless services. The firms expect...
WhatsApp was first owned by Facebook dating back to 2014. During that time, WhatsApp stated that user data will not be shared with Facebook. However, as times progress, shared user data between the social media platforms will come into effect on 8th February 2021. Now, WhatsApp is giving its users two options, either agree to share...
Many retail companies have shift their operations online to cope with the Covid-19 pandemic. Likewise, tech giant Microsoft is taking the same route. Forbes has confirmed that Microsoft is closing all 83 retail stores across the globe for good. Instead, the company will focus on e-commerce and a few “Experience Centers” in flagship cities. Source: Google Images “Microsoft...
