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An in-depth look at how platforms like Shein, Pinduoduo-owned Temu, and TikTok Shop are heralding a new era for Chinese e-commerce by expanding overseas (Rest of World) 15-11-2023

Rest of World: An in-depth look at how platforms like Shein, Pinduoduo-owned Temu, and TikTok Shop are heralding a new era for Chinese e-commerce by expanding overseas  —  China is no longer just the world’s factory; now, it’s also the world’s mall.  As online shopping slows within China … Lees verder op Tech Meme

Apple extends free usage of Emergency SOS on iPhone 14 for two more years, to September 2025; the company has not yet announced how much Emergency SOS will cost (Benjamin Mayo/9to5Mac) 15-11-2023

Benjamin Mayo / 9to5Mac: Apple extends free usage of Emergency SOS on iPhone 14 for two more years, to September 2025; the company has not yet announced how much Emergency SOS will cost  —  Apple today announced it is extending the free usage period for Emergency SOS satellite features for iPhone 14 users. Lees verder op Tech Meme

Tencent reports Q3 revenue up 10% YoY to ~$21.4B, in line with ~$21.37B est., and net profit down 9% YoY to ~$5B, beating ~$4.7B est., as game sales recover (Josh Ye/Reuters) 15-11-2023

Josh Ye / Reuters: Tencent reports Q3 revenue up 10% YoY to ~$21.4B, in line with ~$21.37B est., and net profit down 9% YoY to ~$5B, beating ~$4.7B est., as game sales recover  —  China’s Tencent Holdings (0700.HK) said third-quarter revenue climbed 10%, as its games business staged a robust recovery … Lees verder op Tech Meme

JD.com reports Q3 revenue up 1.7% YoY to ~$33.98B, beating ~$33.81B est., and net profit up 33% YoY to ~$1.09B, beating ~$952M est., aided by cost controls (Ben Otto/Wall Street Journal) 15-11-2023

Ben Otto / Wall Street Journal: JD.com reports Q3 revenue up 1.7% YoY to ~$33.98B, beating ~$33.81B est., and net profit up 33% YoY to ~$1.09B, beating ~$952M est., aided by cost controls  —  The bottom line was also boosted by nonoperating income  —  Chinese e-commerce giant JD.com beat analyst estimates for quarterly profit … Lees verder op Tech Meme