Cambricon Technologies plans to raise RMB 3.98 billion to fund AI chip development, pending approval from the CSRC. The move follows a 280% surge in its share price over the past year, driven by ...

Labubu plush dolls from China’s Pop Mart are booming in Japan, with transactions on Soda’s Snkrdunk app 66 times higher than in January and resale prices far above list value. The shortage has fueled ...

On August 17, Bilibili founder Chen Rui relinquished legal and executive roles at multiple subsidiaries, including a full departure from Huandian Technology and a partial exit from Kuanyu Digital ...

Agibot said its full range of products is now available for sale on its own platform and JD.com, marking a step toward full commercialization. The lineup includes service, interaction, education, ...

Temu has partnered with Austrian Post to integrate parcel lockers and convenience store returns into its platform, part of a “local-to-local” strategy already adopted with DHL. The move aims to ...

OpenRouter data shows Alibaba’s Qwen 3 Coder rose to a 20.5% share of coding tasks over the past week, up 15.4 percentage points since late July. The gains came as Anthropic and Google lost ground, ...

Li Auto has reverted to a province-based sales model that previously fueled growth, less than six months after adopting a “warzone” structure. The shift follows lackluster i8 sales, mounting pressure ...

Current and former OpenAI employees are reportedly in talks to sell about USD 6 billion of shares to investors including SoftBank Group, Thrive Capital, and Dragoneer Investment Group. The deal, still ...

99Food, backed by China’s Didi, has launched in Sao Paulo with a commission-free year for restaurants, coupons worth BRL 99 for new users, and minimum payouts for couriers. The platform, which ...

99Food, backed by China’s Didi, has launched in Sao Paulo with a commission-free year for restaurants, coupons worth BRL 99 for new users, and minimum payouts for couriers. The platform, which ...

Aeke went commercial in 2024, debuting its “Smart Home Gym K1” on Kickstarter. In just over a month, it raised more than RMB ...

Costello said Australia was an ideal test market on Chinese automakers’ “path to global sales dominance.” With no domestic ...