News

With new regulations set to take effect in August, firms are converging on Hong Kong to test digital currencies as a fix for ...
Haagen-Dazs must reinvent itself in China or weigh an exit as it contends with fierce competition, narrow margins, and ...
British tech brand Nothing launched its Phone (3) in China at USD 799, alongside its first over-ear headphones, the Headphone ...
Ten years after launching in a basement, the B2B robotics company is expanding across the logistics value chain.
Meituan hit 1.5 billion daily orders on July 12 as China’s top delivery platforms escalated subsidy campaigns with “zero yuan” deals and steep discounts. While demand surged, analysts warned of profit ...
NTT DC REIT rose 3% on its USD 773 million debut, the largest IPO in Singapore since 2016. GIC joined as a rare local cornerstone investor. With the public tranche nearly ten times subscribed and ...
Elon Musk said he does not support a merger between Tesla and xAI, responding to speculation about closer ties between his companies. The comment follows earlier hints of a shareholder vote on Tesla ...
China’s trade surplus reached USD 114.7 billion in June, as exports rose 5.8% YoY on pre-deadline orders ahead of a potential US tariff snapback. Shipments to ASEAN surged 16.8%, while US-bound ...
Shopee’s July 7 sale set a new record, with GMV reaching twice its 2024 Black Friday total. Strong demand for beauty, fashion, and home goods pushed daily unit sales past 1 million. Live streams drew ...
Yarbo, a Chinese maker of snow-clearing robots, has raised over RMB 100 million in Series B+ funding from investors including CAS Investment, CICC Capital, and Joyoung’s venture arm. The funds will ...
China’s 2D fandom market hit RMB 597.7 billion in 2024, doubling since 2019 as demand for both domestic and international IP surges. At Shanghai’s Bilibili World carnival, 300,000 fans gathered in ...
Coffee chain Lucky Cup now operates over 6,000 stores across more than 300 cities in China, covering all 30 provincial-level regions. Central China leads with over 2,500 outlets, followed by 350 in ...