Fast and pragmatic. That’s how Liu Fang, founder of Amigos Robots and former head of Xiaomi’s smart driving division, is ...
Boyu Capital is reportedly considering whether to involve GIC and Tencent in the transaction for a stake in Starbucks’ China business. The parties have not commented, and no terms, valuation, or ...
PDD Holdings reported Q3 2025 revenues of RMB 108.28 billion, up 9% YoY, driven by growth in online marketing and transaction services. Net income rose 17% YoY to RMB 29.33 billion, and operating ...
Xiaomi’s EV unit recorded a RMB 700 million profit in Q3, its first since launching the business and a reversal from the prior quarter’s loss. The company expects to reach its 350,000-unit delivery ...
iQiyi reported Q3 2025 revenues of RMB 6.68 billion, down 8% YoY, with weaker membership, advertising, and content distribution revenue. The company posted a net loss of RMB 248.9 million and an ...
FeedMe, a Malaysia-based restaurant software developer, has raised USD 5 million in a round led by Integra Partners, with ...
Amperesand, a power infrastructure provider for AI data centers and critical power applications, has raised USD 80 million after completing an oversubscribed Series A round co-led by Walden Catalyst ...
Voyah has unveiled its new Taishan SUV, offering four versions priced between RMB 379,900–509,900. The large six-seat model features Huawei's autonomous driving system, HarmonyOS 5, tri-chamber air ...
Lazada said its Singles’ Day campaign delivered sharp gains, with total platform GMV rising a reported 26 times in the first four hours and LazMall posting an 11-fold uplift. Average order value also ...
Unitree Robotics has completed its pre-IPO tutoring in four months, advancing plans for a STAR Market listing. CITIC Securities oversaw governance, accounting, and fundraising preparations during the ...
Voyah has unveiled its new Taishan SUV, offering four versions priced between RMB 379,900–509,900. The large six-seat model features Huawei's autonomous driving system, HarmonyOS 5, tri-chamber air ...
Luckin Coffee posted Q3 2025 net revenues of RMB 15.29 billion, up 50.2% YoY, as it added 3,008 stores and reached 112.3 million average monthly transacting customers. Same-store sales for ...
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