After cost cuts and subsidy rollbacks failed to yield profits, Meituan is scaling back Youxuan to focus on an offline retail ...

Logging over 60 million orders during the 618 festival, Alibaba’s flash sale drive is reshaping its e-commerce playbook.

With USD 560 million in revenue and 870 patents, Govee is heading toward an IPO, built quietly by a founder who has never ...

IPO filings, shutdowns, and a deepening price war signal the start of a high-stakes consolidation phase in outdoor robotics.

With MiniMax eyeing an IPO and Baidu’s avatars boosting sales, China’s AI players are moving beyond the lab and into the ...

Meituan is expanding Xiaoxiang Supermarket to all major Chinese cities, enhancing its supply chains by sourcing fresh goods from around 200 domestic production zones. The move coincides with Meituan’s ...

China-based Neolix will pilot unmanned delivery vehicles in Incheon under a new agreement signed June 19, marking its entry into South Korea. The project, touted as the country’s first, is part of the ...

Edgnex, a unit of Dubai’s Damac Group, will invest USD 2.3 billion in a 144 MW data center in Jakarta, Indonesia, with operations expected to begin later this year. The project is part of Edgnex’s USD ...

Alibaba’s Taobao Shangou and Ele.me logged over 40 million daily orders as of May 26, following a combined total of 60 million during the 618 shopping festival. Alibaba is now prioritizing quick ...

Tencent received approval from Guangdong regulators on June 23 to put its digital therapy app into clinical use for treating mild cognitive impairment. The gamified software targets six cognitive ...

Cainiao has launched a new logistics network connecting the six GCC countries, enabling parcel deliveries within the region in as little as three days. The service supports both cross-border and local ...

Meituan is winding down Youxuan in multiple regions while retaining operations in areas like Guangdong and Hangzhou. Staff are shifting to a new offline retail project under Xiaoxiang Supermarket ...