Chinese EV brand Luxeed, backed by Huawei and operated by Chery, is launching a promotion from June 27, offering RMB 20,000 off all models and up to RMB 60,000 in total incentives. The campaign ...

The Chinese coffee chain plans to deploy 1,100 regional managers as it works to shore up its low-cost, franchise-driven model ...

Wang Puzhong, head of Meituan’s core local commerce unit, said China’s service retail sector reached RMB 7 trillion in 2024, but only 9% is online. He pledged to help merchants digitalize with AI, ...

Unitree Robotics founder Wang Xingxing said the firm’s annual revenue has surpassed RMB 1 billion and that it has remained profitable since 2020. The company employs about 1,000 people and currently ...

Shiok Burger, a fusion burger brand, has closed its pre-Series A funding round led by AC Ventures. Existing investors CFF ...

Casbot, a Chinese startup focused on humanoid robots, has raised nearly RMB 100 million in an angel plus funding round. Backers include Lens Technology, Tianjin Jiayi, and existing investors SDIC ...

From underground mining to quality inspection, Casbot’s machines target environments where traditional automation falls short ...

FWD Group, backed by billionaire Richard Li, is seeking HKD 3.5 billion in a Hong Kong IPO by offering 91.3 million shares at HKD 38 each. Trading is set to begin on July 7, marking a long-awaited ...

Nvidia CEO Jensen Huang said robotics is the company’s next priority after chips. Speaking to shareholders, he outlined plans to power billions of autonomous systems, including self-driving cars and ...

Tesla's robotaxi pilot in Austin, Texas has revealed multiple issues, including erratic lane changes, abrupt stops, and unsafe alighting points, according to videos from riders. Despite the presence ...

Toy manufacturers in Chenghai, China’s largest plastic toy hub, are ramping up production to meet holiday demand. The district exported RMB 10.24 billion in toys last year and now reports rising ...

Nvidia shares hit an all-time high on June 25, rising 4.3% to USD 154.31 and lifting its market cap to USD 3.77 trillion, surpassing Microsoft as the world’s most valuable public company. The ...