With fresh mandates, pilot projects, and corporate license bids, stablecoins are shedding their crypto roots to reshape how ...

The deal grants China Literature a 10% stake in the plush toy maker and sets the stage for co-developing original collectible ...

Annual global AI infrastructure investment, mainly in servers, will swell to USD 223 billion in 2028, according to US ...

BYD is closing in on Honda and Mitsubishi in Southeast Asia, selling over 11,000 vehicles in April across Indonesia, Malaysia, Thailand, and the Philippines. Backed by price competitiveness, local ...

TikTok has initiated a third round of layoffs at the US unit of TikTok Shop as it restructures following missed sales targets. The company is also shifting management roles to ByteDance -linked staff ...

BYD is closing in on Honda and Mitsubishi in Southeast Asia, selling over 11,000 vehicles in April across Indonesia, Malaysia, Thailand, and the Philippines. Backed by price competitiveness, local ...

Xiaomi won’t consider exporting its EVs before 2027, CEO Lei Jun said in a live stream, citing strong demand for the SU7 and YU7 in China. The YU7 SUV triggered long wait times just days after launch, ...

Honor has launched the Magic V5, a foldable phone measuring 8.8 millimeters when folded, making it one of the slimmest models to date. Debuting just ahead of Samsung’s Z Fold 7, the device features a ...

China’s Skyworth Group will acquire part of Funai Electric’s TV business, including its North American operations under the Philips brand, as Funai undergoes bankruptcy proceedings. Skyworth also ...

Miniso’s flagship "Miniso Land" store in Shanghai surpassed RMB 100 million in sales just nine months after opening, with IP-themed products accounting for nearly 80% of revenue. The immersive retail ...

Pop Mart’s Labubu IP has sparked resale hype in China, with reports of prices reaching RMB 7,800. A media probe found actual secondhand prices to be far lower. As demand surges, regulators in Hebei ...

Car dealers in China’s Yangtze River Delta are urging automakers to ease pricing and inventory pressures, citing risks from high stock levels, cash flow strain, and below-cost sales. The appeal ...