News

Before filing for an IPO in the US, Ximalaya raised close to RMB 10 billion (USD 1.4 billion) over 12 funding rounds. Its cap ...
While robots grab the spotlight, component makers like ZeroErr are quietly benefiting from the surge in demand.
Nearly half of China’s listed supermarket chains posted losses in 2024, with over 900 store closures as firms scrambled to adapt. While Walmart and Sam’s Club bucked the trend, others launched ...
Once discontinued, peel-apart film is making a comeback in China as Gen Z consumers embrace its rarity and vintage aesthetic. Promoted by celebrities and photo studios, the unpredictable medium now ...
Meta has reportedly taken a 49% non-voting stake in Scale AI for USD 14.3 billion and brought CEO Alexandr Wang onto its AI team. The move bolsters Meta's "superintelligence" ambitions as it works to ...
Chinese EV maker Xpeng Motors has unveiled upgraded G6 and G9 electric SUVs for Europe, featuring 5C LFP batteries and 800V SiC platforms that enable 10–80% charging in just 12 minutes. Both models ...
Nvidia CEO Jensen Huang said autonomous vehicles, robotics, and machines are set to surge this decade, calling it a defining era for autonomous tech. Speaking at the Viva Technology conference in ...
Xpeng Motors is in talks to supply its Turing chip to other automakers, with a debut in Volkswagen’s China models expected in 2026. The chip, already used in Xpeng’s G7 SUV, reportedly delivers 2,200 ...
A life-sized mint green Labubu figure has sold for over USD 150,000 at a Beijing auction, highlighting surging demand for Pop Mart collectibles. Created by artist Kasing Lung, the character has become ...
Horizon Robotics plans to raise HKD 4.67 billion through a top-up share placement to support business expansion and R&D. The self-driving chipmaker will sell 681 million shares at HKD 6.93 each, with ...
On June 11, US President Donald Trump declared a trade deal with China “done,” pending approval from Chinese counterpart Xi Jinping. The agreement would reinstate steep tariffs, with 55% from the US ...
Tencent is exploring a deal for Nexon and has approached the family of late founder Kim Jung-ju about a potential stake acquisition via NXC Corporation. The move would bolster Tencent’s gaming ...