The scope and the speed of the climbdown took many by surprise. According to analysts from Morgan Stanley, the effective US ...

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 ...

Armed with fresh capital and a growing network of banks and developers, the startup is working to ease mortgage challenges ...

Xia Zhongpu exits Li Auto amid reported disagreements over its assisted driving strategy, as the company pivots to a model ...

With traditional data sources exhausted, the Digital China-backed firm sees enterprise ops as the next rich substrate for AI ...

Whale, a Singapore-based enterprise AI company, has secured more than USD 60 million through Series C1 and C2 funding rounds.

In his first formal response to the accident, CEO Lei Jun acknowledged rising expectations for Xiaomi and committed to ...

Backed by Stellantis, the Chinese automaker is narrowing losses and gaining ground at home, but trade tensions may cloud its ...

Founder Vakee Lai says Bobby marks a shift in retail investing from tools that explain markets to agents that interpret ...

As recently as 2020, China was only the sixth-largest car exporter globally, but annual sales have since risen almost sixfold ...

The latest funding will support Whale’s expansion of its product suite and global presence across Asia, Europe, and North ...