News

As China grapples with a surge in retired EV batteries, Eagoal is leaning on predictive tools and clean chemistry to lead the ...
The scope and the speed of the climbdown took many by surprise. According to analysts from Morgan Stanley, the effective US ...
The fintech firm is betting on global expansion and AI-driven financial infrastructure to anchor its next phase of growth.
EV battery giant CATL is incentivizing suppliers to cut emissions as it targets carbon neutrality in core operations this ...
Airwallex has raised USD 300 million in Series F funding at a USD 6.2 billion valuation to fuel global expansion and reach USD 1 billion in annualized revenue this year. Investors include Square Peg, ...
EHang expects to launch flying taxi services in Guangzhou and Hefei this year and sees China enabling fixed-route air shuttles by 2030. Certified by China’s aviation regulator for autonomous eVTOL ...
Xia Zhongpu exits Li Auto amid reported disagreements over its assisted driving strategy, as the company pivots to a model ...
LexinFintech reported Q1 2025 net income of RMB 430 million, up 113% YoY. Revenue fell 4% to RMB 3.1 billion, as loan ...
Tmall’s export push drove record growth in the opening days of the 2025 global 618 campaign, with nearly 1 million merchants ...
Xpeng posted Q1 2025 revenue of RMB 15.81 billion, up 141.5% YoY, as deliveries surged 331% to 94,008 units. Net loss narrowed to RMB 660 million, supported by improved margins and economies of scale.
iQiyi's net income fell 72% YoY to RMB 182 million in Q1 2025 as revenue declined 9% to RMB 7.19 billion. The drop was driven by a lighter content slate and weaker ad sales. Reductions in content ...
Meitu has partnered with Alibaba in a USD 250 million deal involving convertible bonds, marking a deepening collaboration in AI, e-commerce, and cloud services. Meitu will integrate its AI tools into ...