Technology

Themes on Upgrading and Renewing

Published

1 year ago

March 18, 2025

The biggest Cross-Border E-commerce Fair Opens in China

FUZHOU, China, March 18, 2025 /PRNewswire/ — On March 18th, the 5th China Cross-border e-Commerce Trade Fair grandly opened in Fuzhou, China. Over 1,800 enterprises from 28 Chinese provinces, as well as those overseas from the US, France and Poland, participated. The exhibition area reached 60,000 square meters, which is 20% more than that of the previous session.

With upgrading as its theme, the fair focused on “digitalization” and “new globalization,” showcasing its continuous innovation.

Strategic Upgrades: Launching the Conference

The fair coincided with the 2025 China Cross-border e- Commerce Conference, themed “Upgraded to be Global”. It gathered founders of manufacturing companies, CEOs of large-scale exporters, senior executives from top e-business platforms, authors on global marketing, influencers with millions of followers, scholars and institutional experts, etc..

At the opening ceremony, Mr. Deng Hai, the host representative and the CEO of Midodo Technology, announced the release of the 2025 Blue Book of the Upgrade and Development on China Export Cross-border e-Commerce, which is also the first cross-border e-commerce blue book in the year of 2025.

Concept Upgrades: Data-Driven Exhibition

This fair introduced the innovative concept of data-driven expo, offering digital achievements to the exhibitors and visitors. For the first time, category-data displaying walls were set up in various zones, showcasing product data from multiple sources like Amazon and TikTok, to help product-selection and R&D.

In e-commerce, 70% of success depends on product selection, while balance on operations. Product selection directly impacts a company’s competitiveness. The fair also upgraded the Potential Products Prediction Zone, inviting well-known data providers to release the relative reports, guiding the sellers in product-selection.

Zone Upgrades: People-Oriented

Following the success of the previous session, this fair invited again several overseas influencers to attend for live-streaming sales, and set up a “One-to-One Negotiation Zone for those influencers,” to meet Chinese enterprises’ demand on local marketing and talent when going overseas.

The Business Clinic is expanded too, with new experts capable on niche platforms like Voghion, Etsy, Kogan, Trademe, and for the first time AI-capable businessmen.

Structural Upgrades: Stronger and Better

The fair sticked to its principle of suppliers to be the main participants, and the proportion of suppliers reached 80% again. Notably, there were more large-sized exhibitors than before, and the area of custom-built booths accounted for nearly 50%, hitting a new high.

This fair gathered well-known platforms around the world, which not only included e-commerce barons such as Amazon, eBay, Walmart and Wayfair, but also local magnates, like Shopee and Lazada from Southeast Asia, Coupang from Korea, Rakuten from Japan, Mercado Libre from South America, and European platforms like Cdiscount, OZON, eMAG, Allegro, JoomPro etc.. Chinese platforms like Alibaba.com, Made-in-China, DHgate, SHEIN, TEMU, 1688, Taobao Overseas and Rednote attended as well.

Totally about 50 high-level forums and business-matching activities will be held during this fair. These events were widely popular on the first day, with full attendance.

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SOURCE The 5th China Cross-border e-Commerce Trade Fair

Technology

Trip.com Group Sincerely Accepts Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People’s Republic of China

Published

2 hours ago

July 25, 2026

SINGAPORE, July 25, 2026 /PRNewswire/ — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) today announced that it has received the administrative penalty decision issued by the State Administration for Market Regulation of the People’s Republic of China.

Trip.com Group sincerely accepts the decision and will adopt rectification measures in accordance with applicable laws and regulations to implement the decision’s requirements. The Company will strengthen its long-term governance mechanisms and strive to contribute to the sustainable development of the travel industry.

Trip.com Group’s management team will host a conference call at 8:00 AM U.S. Eastern Time on July 27, 2026 (or 8:00 PM Hong Kong Time on July 27, 2026).

The conference call will be available on Webcast live at: http://investors.trip.com.

All participants must pre-register to join this conference call using the participant registration link below:
https://register-conf.media-server.com/register/BIb78e08d8f18340c4882a7e4ab961906b.

Upon registration, each participant will receive details for this conference call, including dial-in numbers and a unique access PIN. To join the conference, please dial the number provided, enter your PIN, and you will join the conference instantly.

For further information, please contact:
Investor Relations
Trip.com Group Limited
Email: iremail@trip.com

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SOURCE Trip.com Group Limited

Technology

NAVER Partners with Brookfield and NVIDIA to Expand Korea’s National AI Factory Infrastructure Buildout

Published

4 hours ago

July 25, 2026

SAN FRANCISCO, July 25, 2026 /PRNewswire/ — NAVER, Brookfield and NVIDIA announced an expansion of Korea’s sovereign AI factory infrastructure. New investments will increase the initial NVIDIA DSX™ AI factory deployment from 55 megawatts to 200 megawatts.

Announced during Korea President Jae Myung Lee’s AI Summit visit to San Francisco, the planned 200-megawatt expansion will be built with the NVIDIA DSX platform at NAVER’s GAK Sejong hyperscale data center in Sejong, South Korea. The expanded infrastructure will provide Korea- and U.S.- based AI innovators with access to production-scale AI compute for building next-generation models, agents and AI-powered services.

Under the terms of the agreements, Brookfield will fund up to $9 billion as the exclusive capital partner, NVIDIA will invest $1 billion and NAVER will fund the remaining amount to finance the $10 billion project.

This builds on NAVER’s June announcement to extend its GAK Sejong data center with NVIDIA DSX, with a long-term path to gigawatt-scale sovereign AI infrastructure serving Korea’s enterprises, industries, government organizations and global AI cloud customers. Combining Brookfield’s capital with NVIDIA’s computing platform, the investment supports NAVER’s AI factory deployment.

“NVIDIA’s strategic investment and our infrastructure supply agreement with Brookfield have propelled NAVER’s vision for the AI Factory business into a robust execution phase,” said Haejin Lee, Founder and Chairman of NAVER. “Leveraging the solid partnerships with our global partners, we will drive technological innovation, foster a sovereign AI ecosystem, and spearhead efforts to strengthen South Korea’s AI competitiveness.”

AI Factory Expansion and Open Model Collaboration to Fuel AI Innovators

NAVER, as an NVIDIA Cloud Partner, provides deep expertise in operating hyperscale infrastructure powered by the full-stack NVIDIA AI platform. The 200-megawatt AI factory, featuring NVIDIA Vera Rubin and Blackwell platforms, will establish a dedicated resource pool for emerging AI companies, providing the compute, software and support needed to develop and deploy competitive AI models and applications at scale.

This expanded infrastructure also builds on NAVER and NVIDIA’s collaboration on open model development for agentic and physical AI. NAVER is advancing its HyperCLOVA X models to be based on NVIDIA Nemotron™ 3 Ultra open models with its proprietary data and training expertise. NAVER is also the first Korean company to join the NVIDIA Nemotron Coalition, contributing to open model development across pretraining, post-training and reinforcement learning.

NAVER plans to launch an AI agent platform in Korea in the second half of the year, powered by NVIDIA Agent Toolkit software including NVIDIA NemoClaw™ blueprints. NAVER is also developing a Seoul World Model using proprietary urban street-view and spatial modeling data, built on NVIDIA Cosmos™ world foundation models.

About NAVER

Founded in 1999, NAVER is Korea’s largest Internet company and one of the world’s top tech companies. Leading cutting-edge technologies, NAVER operates the No.1 search engine in Korea and holds various business portfolios encompassing commerce, fintech, cloud, AI and robotics.

NAVER recorded sales of KRW 12.04 trillion (USD 8.18 billion) in 2025. TEAM NAVER continues to enhance its business portfolio and expand its global presence across Japan, North America, and Europe, while pursuing innovation through continuous research and development in future technologies.

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SOURCE NAVER

Technology

Beijing Review: Walking Through Time: China and U.S. Youths Explore Dali’s Past and Future

Published

4 hours ago

July 25, 2026

BEIJING, July 24, 2026 /PRNewswire/ — On July 17, a China-U.S. youth delegation came to Dali of Yunnan Province. By examining how Dali’s rich history intersects with modern development, the delegates explored new pathways for rural development.

They visited Dali Old Town, tried their hand at making the Bai people’s Three-Course Tea and also explored the ancient town of Xizhou, where they learned how modern tourism and indigenous life coexist.

In Yunnanyi Village, they explored its history as a stop along the Tea Horse Road and learned about the role it played during the Second World War (WWII).

Tyler James Smith

“I think it’s a very underappreciated part of World War II history. Hearing these stories of different countries working together despite cultural differences is incredibly inspiring.

I also think there are many stories like these that haven’t been widely told, simply because World War II is such a complex period in history. That’s why I think it’s so meaningful to visit museums like this and experience these stories firsthand.”

At Xiangyun Economic and Technological Development Zone, they visited a local new energy company to see how green, low-carbon development is driving regional growth.

Valerie Marie

“I recently started studying energy transitions. I know China has been really big in the renewable energy sector. So actually getting to hear more about [China’s] 2060 [pledge], learning more about carbon neutrality [goals], as well as other zero-carbon goals, was cool.”

During their stay in Dali, they also strolled along the Erhai Lake Ecological Corridor.

Bai Yiwen

“I’d describe this journey as “to be continued,” because my own connection with Yunnan is far from over. For the U.S. delegates, this was only their first visit, so they’ve only had a glimpse of what Yunnan has to offer. I hope they will have more opportunities to come back to China, explore other cities in Yunnan, and discover even more of its people, culture and traditions.”

After Dali, the delegates will visit Beijing for more tours and exchanges. The event was co-hosted by China International Communications Group (CICG) Center for the Americas and the U.S.-based International Student Conferences.

https://x.com/beijingreview/status/2080104404552663067?s=46&t=yfVMVdMyE2zKAFrYaLoV-g

https://www.facebook.com/share/v/1EtGCCKzy4/?mibextid=wwXIfr

https://www.tiktok.com/@cachinachic/video/7665536913532587294?is_from_webapp=1&sender_device=pc&web_id=7227134149436605995

https://youtu.be/jGONWTqwduc?is=KfL-Zn3HyVYE-KEm

Contact: Jiaweibellapeng@163.com

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SOURCE Beijing Review