KFC, McDonald's, and Haidilao are promoting compact-store designs to combat China's decreasing consumer spending. These fast-food chains are expanding their reach to smaller cities, employing a...
Geely is banking on its Zeekr 7X medium-sized SUV to rival Tesla's top-selling Model Y. The car manufacturer announced that the Zeekr 7X will be available...
Pinduoduo is refunding some service charges to merchants following a commitment by parent company PDD to waive US$1.4 billion. Vendors were unhappy because service charges were...
China's Communist Party introduces regulations to govern devotion, allegiance, and efficiency The rules focus on members who have not committed major violations but display a 'lack...
China has initiated a corruption investigation into Tan Ruisong, the former chairman of leading aircraft manufacturer AVIC, who served from 2018 to 2023. Tan is suspected...
The expansion of Sensetime's generative AI has resulted in a 21% increase in revenue in the first half. The Chinese AI behemoth accumulated a revenue of...
The expansion of Sensetime's generative AI has led to a 21% increase in revenue in the first half. The Chinese AI behemoth garnered a revenue of...
EnFlame, a Chinese AI chip start-up supported by Tencent and often likened to Nvidia, has indicated plans for an initial public offering (IPO). The Shanghai-based tech...
Tencent-supported AI chip start-up EnFlame, often considered China's version of Nvidia, has hinted at its plans for an Initial Public Offering (IPO). The Shanghai-based tech giant...
EnFlame, a Chinese AI chip start-up backed by Tencent and aspiring to rival Nvidia, has signaled its intention to go public. The Shanghai-based unicorn has started...