Elon Musk said he does not support a merger between Tesla and xAI, responding to speculation about closer ties between his companies. The comment follows earlier hints of a shareholder vote on Tesla ...

China has approved Synopsys’ USD 35 billion acquisition of Ansys, conditional on the merged firm maintaining fair access to EDA software for Chinese customers. The green light follows a recent US move ...

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 ...

Haagen-Dazs must reinvent itself in China or weigh an exit as it contends with fierce competition, narrow margins, and ...

British tech brand Nothing launched its Phone (3) in China at USD 799, alongside its first over-ear headphones, the Headphone ...

Yarbo, a Chinese maker of snow-clearing robots, has raised over RMB 100 million in Series B+ funding from investors including CAS Investment, CICC Capital, and Joyoung’s venture arm. The funds will ...

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 ...

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 ...

Elon Musk’s xAI is preparing a new funding round targeting a valuation between USD 170–200 billion, up sharply from USD 18 billion in May. The raise would follow two deals closed in the past two ...

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 ...

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 ...