News

Alibaba plans to spin off Banma, its smart vehicle tech unit, through a Hong Kong IPO that would reduce its stake to 30%. The listing, which has received initial approval, would mark Alibaba’s first ...
Agibot aims to close its Series C funding round by end-2025 and bring in global strategic investors, according to chairman Deng Taihua. Speaking at the firm’s inaugural partner conference, Deng ...
Nio will launch in Singapore in Q1 2026 with its Firefly EV, distributed by Wearnes Automotive. The model is expected to support battery swapping technology, though local infrastructure has not been ...
Today, a new kind of culinary migration is underway. Chinese restaurant chains are expanding internationally, offering ...
The Chinese startup reckons generative AI will eventually be processed directly on devices, not just in data centers.
Baidu reported Q2 2025 revenue of RMB 32.7 billion, down 4% YoY, while net profit rose 33% to RMB 7.32 billion. AI businesses supported growth, with cloud revenue up 27% and Apollo Go trips up 148%.
Baidu reported Q2 2025 revenue of RMB 32.7 billion, down 4% YoY, while net profit rose 33% to RMB 7.32 billion. AI businesses supported growth, with cloud revenue up 27% and Apollo Go trips up 148%.
Yimutian, China’s largest agricultural B2B platform by revenue and active merchants, listed on Nasdaq on August 19 under the ticker YMT. The IPO raised about USD 22 million, which will fund expansion ...
Lenovo’s New Vision unit and Robot Era jointly launched a humanoid service robot solution for exhibition halls, combining Robot Era’s Q5 with Lenovo’s spatiotemporal synchronization engine. The system ...
Dreame has confirmed it will enter the drone market, assembling a specialized R&D team to target China’s growing low-altitude economy. The firm plans to adapt mapping, navigation, and motor ...
Xgimi Technology commenced production at its USD 14 million Vietnam plant on August 18, a key link in its global supply chain with annual capacity of one million projectors. The company, which earns ...
Alibaba’s DingTalk has formed a team to develop industry-specific AI models, a key step in its strategy since founder Wu Zhao returned in April. The unit is working with enterprise clients on tailored ...