The EV maker projects a recovery, but with a steep deficit and mounting competition, hitting its 50,000-unit monthly target ...

Anker’s audio brand is expanding beyond playback, aiming to turn headphones into contextual, conversational assistants.

ByteDance has overhauled TikTok Shop’s US team near Seattle, replacing local staff with China-based managers after missing a USD 17.5 billion sales target. Internal meetings now reportedly favor ...

Chinese and US officials plans to meet on June 9 in London for trade talks focused on export controls rather than tariffs. The US is expected to push for greater access to critical minerals, while ...

Chongqing’s coffee association has called for an end to industry price wars, citing mounting losses among local indie cafes as chain brands pursue rapid growth through heavy platform subsidies. A June ...

Lenskart has converted to a public limited company as of May 30, paving the way for its planned IPO at a USD 10 billion valuation. The eyewear firm is expanding across the UAE, Singapore, and the US, ...

Anysphere, maker of the AI coding assistant Cursor, has raised USD 900 million at a USD 9.9 billion valuation. Thrive Capital led the round, joined by a16z, Accel, DST Global, and others. The company ...

Biotech firm Allay Therapeutics has raised USD 57.5 million in a Series D funding round co-led by Lightstone Ventures and ClavystBio, with participation from NEA, Arboretum Ventures, Vertex Growth, ...

TikTok has blocked search results for #SkinnyTok after pressure from European regulators, citing links to harmful weight loss content. The move follows an EU investigation launched in April amid ...

BYD said overseas sales hit 89,000 in May, a new high, at its latest annual meeting. Chairman Wang Chuanfu pledged a multiyear rollout of assisted driving features focused on safety and admitted EVs ...

China Eastern Airlines and Cainiao have launched what they call the world’s first smart hangar system, using AI to detect aircraft damage and predict faults. Now active at two Shanghai sites, the ...

Meituan launched its first permanent drone route in Hong Kong on June 6, flying across Tolo Harbour from Science Park to Ma On Shan. Approved under the city’s low-altitude sandbox, the five-minute ...