While profits are up, Meituan is bracing for volatility as rivals ramp up discounting and regulators tighten oversight.

New model releases and a revamped AI agent development platform highlight Tencent’s push toward practical, enterprise-focused ...

Sportier aesthetics, reworked interiors, and AI-powered ride control define the updated midsize EVs, offered at the same ...

The tech giant’s “unified global cloud network” aims to support Chinese firms in expanding abroad and tapping into advanced ...

Generating capacity of China’s nuclear power plants in 2030 will reach 110,000 MW, according to projections in the report, ...

On May 13, Li Chang, founder of robotic lawn mower company Oasa, published an open letter on social media. Despite pushing ...

Xiaomi posted a 161% YoY jump in Q1 net profit to RMB 10.9 billion, with revenue climbing 47.4% to a record RMB 111.3 billion. Growth was driven by SU7 EV deliveries, which reached 75,869 units, and a ...

GridCare has emerged from stealth with USD 13.5 million in seed funding to help AI infrastructure developers address power bottlenecks by accessing unused grid capacity. Backed by Temasek’s Xora, its ...

Tencent will acquire nearly 10% of SM Entertainment for about USD 180 million from Hybe, which is selling its remaining 2.2 million shares at a 15.3% discount. The deal marks a rare Chinese investment ...

Xiaomi posted a 161% YoY jump in Q1 net profit to RMB 10.9 billion, with revenue climbing 47.4% to a record RMB 111.3 billion. Growth was driven by SU7 EV deliveries, which reached 75,869 units, and a ...

Tencent’s Level Infinite has signed an MoU with Invest Qatar to co-develop the country’s gaming ecosystem. Announced at the Qatar Economic Forum, the partnership includes talent development, ...

Kuaishou posted Q1 2025 revenue of RMB 32.6 billion, up 10.9% YoY, driven by gains in e-commerce, live streaming, and AI-powered ad services. Adjusted net profit rose to RMB 4.6 billion, while ...