KrASIA Connection

SenseTime is constantly competing with China’s other major AI developers for talent and business.

The Chinese internet giant expects recovery in advertising revenue by the end of 2022, buoyed by easing government restrictions.

Trudy Dai, president of core domestic e-commerce, looks to quality content development and improved user experience to deepen consumer engagement.

Trudy Dai, Alibaba’s newly appointed president of core domestic e-commerce, is shifting the unit’s focus to consumer spending.

Over 21 years, 33 of the firm’s portfolio companies have gone public.

Going forward, the company must improve its operating efficiency, reduce costs, ensure a strong inflow of cash, and control its cash balance.

As the Beijing-based app factory hits a ceiling for revenue growth, it will have to seek funds from public markets.

Despite the negative press and social media sentiment, there are a few bright spots for the e-commerce giant.