News

Chinese electric vehicle maker Neta is facing a backlash in Thailand, as the restructuring of its parent company has caused ...
Investors in Hong Kong and mainland China tend to react differently to earnings events. Hong Kong’s market typically trades on actual results, often triggering rallies post-report. Mainland investors, ...
These three Chinese robotics firms are tapping public markets to bankroll their next phase of international growth.
Geely is reportedly in talks to merge autonomous driving teams from Zeekr, its R&D arm, and Megvii’s Mach unit into a joint venture established in June. The move aligns with Geely’s strategy to ...
WeRide has begun night-time robotaxi testing in Beijing, operating from 10 p.m. to 7 a.m. under a new city permit. The Nasdaq-listed firm aims to build a round-the-clock autonomous mobility network, ...
China’s BrainCo is in talks to raise USD 100 million at a valuation above USD 1.3 billion ahead of a potential IPO in Hong Kong or mainland China. The Hangzhou-based startup develops brain-computer ...
Chinese fitness app Keep is expecting RMB 10 million in adjusted net profit for H1 2025, with founder Wang Ning calling it “sustained profitability” after cutting unproductive growth. He said Keep ...
PingPong will support Wero, Europe’s new unified payment app, starting October. Backed by 16 banks, Wero enables real-time cross-border payments using a phone number or email and targets 250 million ...
Taobao will launch a unified membership program that bundles services and perks from Ele.me, Fliggy, and Hema, expanding 88VIP into a comprehensive lifestyle offering. The move reflects Alibaba’s ...
Alibaba's Hema will close its final X membership store in Shanghai on August 31, ending its foray into the warehouse club model launched in 2020. The move reflects a companywide pivot toward core ...