Taobao will launch a unified membership program that bundles services and perks from Ele.me, Fliggy, and Hema, expanding 88VIP into a comprehensive lifestyle offering. The move reflects Alibaba’s ...

Tencent has co-led a USD 65.5 million funding round in Uzbekistan-based startup Uzum, pushing its valuation to USD 1.5 billion. The deal marks Tencent’s entry into Central Asia’s digital economy as ...

Geely is reportedly in talks to merge autonomous driving teams from Zeekr, its R&D arm, and Megvii’s Mach unit into a joint venture established in June. The move aligns with Geely’s strategy to ...

WeRide has begun night-time robotaxi testing in Beijing, operating from 10 p.m. to 7 a.m. under a new city permit. The Nasdaq-listed firm aims to build a round-the-clock autonomous mobility network, ...

China’s BrainCo is in talks to raise USD 100 million at a valuation above USD 1.3 billion ahead of a potential IPO in Hong Kong or mainland China. The Hangzhou-based startup develops brain-computer ...

Alibaba's Hema will close its final X membership store in Shanghai on August 31, ending its foray into the warehouse club model launched in 2020. The move reflects a companywide pivot toward core ...

Chinese fitness app Keep is expecting RMB 10 million in adjusted net profit for H1 2025, with founder Wang Ning calling it “sustained profitability” after cutting unproductive growth. He said Keep ...

PingPong will support Wero, Europe’s new unified payment app, starting October. Backed by 16 banks, Wero enables real-time cross-border payments using a phone number or email and targets 250 million ...

These three Chinese robotics firms are tapping public markets to bankroll their next phase of international growth.

Quin, a hardware company based in Zhuhai, has built a name for itself in overseas markets. Riding the wave of demand for ...

At WAIC, both Tencent and JD outlined their strategies for embodied intelligence. Notably, neither plans to build robots.

Officials caution only a few licenses will be issued at first, favoring long-term stability over short-term hype.