Meituan snaps losing streak with profitable June quarter though Douyin threat looms
On-demand delivery giant Meituan swung back to profitability in the second quarter as China’s price war in food delivery cooled, allowing the company to scale…
On-demand delivery giant Meituan swung back to profitability in the second quarter as China’s price war in food delivery cooled, allowing the company to scale…
Chinese artificial intelligence firm MiniMax has raised the three-year purchase ceiling on its cloud computing deals with Alibaba Group Holding by 220 per cent to…
China’s top makers of multilayer ceramic capacitors (MLCCs) – ubiquitous components known as the “rice of the electronics industry” – saw their shares rise on…
China Life Insurance, the country’s largest life insurer, has posted record highs in its first-half results, and says it will scale up investments in technology-related…
Beijing-based GalaxySpace’s deployment this week of what it called China’s first turnkey satellite export to Southeast Asia underscores how the country is boosting its space…
Alibaba Group Holding has launched its first data centres in South America, as the Chinese technology giant ramps up its artificial intelligence infrastructure buildout in…
Anxiety over the booming AI trade and bitcoin’s uncertain future is overshadowing this year’s Bitcoin Asia conference in Hong Kong, as a lingering crypto slump…
Shares in Chinese robotics star Unitree Robotics rebounded on Thursday following five straight days of losses that erased nearly half of its market value, although…
China’s Zhipu AI has launched its latest open-weight model, GLM-5.3-Flash – previously code-named Ox Alpha – saying that the system ran entirely on a cluster…
Nvidia has confirmed its first shipments of H200 data-centre processors to China under a new US licensing scheme, ending a months-long lockout. However, the sales…
Global inventories of multilayer ceramic capacitors (MLCCs) – tiny components dubbed “the rice of the electronics industry” – have dropped to a record low as…
Chinese artificial intelligence firm MiniMax on Wednesday posted a 283 per cent surge in first-half revenue to US$116.6 million, powered by a 700 per cent…
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