Taobao will launch a unified membership program that bundles services and perks from Ele.me, Fliggy, and Hema, expanding 88VIP into a comprehensive lifestyle offering. The move reflects Alibaba’s ...

Alibaba's Hema will close its final X membership store in Shanghai on August 31, ending its foray into the warehouse club model launched in 2020. The move reflects a companywide pivot toward core ...

Chinese fitness app Keep is expecting RMB 10 million in adjusted net profit for H1 2025, with founder Wang Ning calling it “sustained profitability” after cutting unproductive growth. He said Keep ...

PingPong will support Wero, Europe’s new unified payment app, starting October. Backed by 16 banks, Wero enables real-time cross-border payments using a phone number or email and targets 250 million ...

These three Chinese robotics firms are tapping public markets to bankroll their next phase of international growth.

Quin, a hardware company based in Zhuhai, has built a name for itself in overseas markets. Riding the wave of demand for ...

At WAIC, both Tencent and JD outlined their strategies for embodied intelligence. Notably, neither plans to build robots.

Officials caution only a few licenses will be issued at first, favoring long-term stability over short-term hype.

China’s plastic exports surged in H1 2025, with volumes doubling in some resins and prices falling by as much as 20%. Amid weak domestic demand, China ramped up shipments of PVC, polystyrene, and ...

Beijing’s E-Town is hosting a robot shopping festival through August 17, offering subsidies of up to RMB 250,000 for buyers. Featuring 63 brands including Unitree and UBTech, among others, the event ...

Anta Sports has declined to comment on reports that it is nearing an acquisition of US sportswear brand Reebok. In a statement, the company said it does not respond to market rumors and advised ...

Tencent has open-sourced four compact language models under its Hunyuan family, ranging from 500 million to seven billion parameters. Built to run on consumer-grade GPUs, the models support low-power ...