Ten years after launching in a basement, the B2B robotics company is expanding across the logistics value chain.

Perplexity AI CEO Aravind Srinivas said the firm will use Moonshot AI’s Kimi K2 model for post-training, citing its strong benchmark performance. Released on July 11, the open-source model ranks among ...

Ele.me will retire its legacy tiered membership system by July 31, shifting users to a new program launched during the 618 shopping festival. Aimed at high-frequency users, the updated scheme ...

Meituan hit 1.5 billion daily orders on July 12 as China’s top delivery platforms escalated subsidy campaigns with “zero yuan” deals and steep discounts. While demand surged, analysts warned of profit ...

Meituan hit 1.5 billion daily orders on July 12 as China’s top delivery platforms escalated subsidy campaigns with “zero yuan” deals and steep discounts. While demand surged, analysts warned of profit ...

China’s 2D fandom market hit RMB 597.7 billion in 2024, doubling since 2019 as demand for both domestic and international IP surges. At Shanghai’s Bilibili World carnival, 300,000 fans gathered in ...

Xpeng has opened European orders for its revamped G6 and G9 electric SUVs, featuring an 800-volt architecture, ultrafast charging, redesigned interiors, and AI -powered driving assistance. The models ...

Shopee’s July 7 sale set a new record, with GMV reaching twice its 2024 Black Friday total. Strong demand for beauty, fashion, and home goods pushed daily unit sales past 1 million. Live streams drew ...

Samsung launched the Galaxy Z Fold 7, Z Flip 7, and the lower-cost Flip 7 FE, featuring thinner designs, upgraded cameras, and new AI-driven tools powered by Snapdragon chips. The move comes as ...

Centurium Capital, majority shareholder of Luckin Coffee, is reportedly among nearly 30 firms bidding for a stake in Starbucks China, which may be valued as high as USD 10 billion. Starbucks aims to ...

Coffee chain Lucky Cup now operates over 6,000 stores across more than 300 cities in China, covering all 30 provincial-level regions. Central China leads with over 2,500 outlets, followed by 350 in ...

TikTok will require all sellers to adopt GMV Max, its AI -powered ad tool, starting July 15, fully replacing its preexisting ad system. Reportedly designed to maximize GMV and ROI, the tool automates ...