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 ...

SpaceX is investing USD 2 billion in xAI as part of the latter’s USD 5 billion equity funding round. It marks SpaceX’s first known stake in the Grok chatbot maker and reflects Elon Musk’s broader ...

Xpeng has opened European orders for its revamped G6 and G9 electric SUVs, featuring an 800-volt architecture, ultrafast charging, redesigned interiors, and AI -powered driving assistance. The models ...

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 ...

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 ...

Samsung launched the Galaxy Z Fold 7, Z Flip 7, and the lower-cost Flip 7 FE, featuring thinner designs, upgraded cameras, and new AI-driven tools powered by Snapdragon chips. The move comes as ...

Google is paying about USD 2.4 billion for talent and licensing rights from AI startup Windsurf, after a planned acquisition by OpenAI fell through over conflicts tied to Microsoft’s access to IP.

TikTok will require all sellers to adopt GMV Max, its AI -powered ad tool, starting July 15, fully replacing its preexisting ad system. Reportedly designed to maximize GMV and ROI, the tool automates ...

Centurium Capital, majority shareholder of Luckin Coffee, is reportedly among nearly 30 firms bidding for a stake in Starbucks China, which may be valued as high as USD 10 billion. Starbucks aims to ...

Samsung launched the Galaxy Z Fold 7, Z Flip 7, and the lower-cost Flip 7 FE, featuring thinner designs, upgraded cameras, and new AI -driven tools powered by Snapdragon chips. The move comes as ...

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 ...