Groq is set to raise about USD 600 million in a new round led by VC firm Disruptive, valuing the AI chip startup at roughly USD 6 billion. The deal will double Groq’s valuation and bring its total ...

A potential extension of the US-China tariff pause won’t be finalized without President Donald Trump’s approval, officials said after the latest round of talks in Stockholm on July 29. The current ...

Li Auto has launched the Li i8, a six-seat electric SUV with dual-motor all-wheel drive, up to 720 kilometers of range, and 5C fast charging. The model features a proprietary drive system, LiDAR-based ...

Anthropic is in advanced talks to raise up to USD 5 billion in a new funding round led by Iconiq Capital, potentially valuing the startup at USD 170 billion. The company has reached USD 5 billion in ...

A bottle of perfume priced at RMB 1,750 (USD 245) might not only come from Chanel or Hermes. It could also be Chinese. During ...

Alibaba has launched Wan 2.2, a suite of open-source video generation models built on MoE architecture. The models enable high-quality cinematic video generation from text or images and promise ...

Hon Hai Precision, known globally as Foxconn, has suspended trading of its shares pending the release of market-sensitive information. The Apple iPhone assembler is expected to make an announcement on ...

Insta360 has launched Antigravity, a new drone brand, with its first panoramic drone set for public testing in August. The model supports 360-degree video capture in 8K and is expected to meet EU C0 ...

These three cases show how overlooked consumer categories can quietly scale overseas, even while flying under the radar at ...

Chang’an Automobile has been spun off as a new state-owned enterprise in Chongqing. The firm includes 117 subsidiaries and has registered capital of RMB 20 billion. It plans to focus on smart vehicles ...

Eastroc Beverage’s new products lifted its H1 2025 revenue to RMB 10.74 billion, up 36% YoY. Sales of its “Bushuila” hydration drink rose 214% to RMB 1.49 billion, easing reliance on energy drinks.

ByteDance’s Douyin has denied online claims that it arbitrarily canceled a former employee’s stock options, stating the forfeiture followed violations of its integrity policy and stock option ...