Nvidia CEO Jensen Huang warned that stricter US export controls could cost access to a USD 50 billion AI chip market in China, arguing the move risks US jobs and competitiveness. His comments follow a ...

Tongwei posted a Q1 2025 net loss of RMB 2.6 billion and rising debt burdens, with short-term borrowings up nearly 18-fold YoY. As losses stretch into a sixth straight quarter, its debt ratio climbed ...

TikTok will invest EUR 1 billion to build a new data center in Kouvola, Finland, as part of its EUR 12 billion “Project Clover” to strengthen data protection in Europe. The facility will support local ...

Singapore-based Arysun has raised USD 575,000 in a pre-seed funding round led by Wavemaker Impact, with participation from First Move Fund. The climate tech startup aims to bring affordable rooftop ...

Chinese outdoor brand Pelliot is preparing a Hong Kong IPO after scrapping plans for a Shenzhen listing. Backed by Tencent and others, the company saw revenue jump from RMB 380 million to RMB 1.76 ...

Once mistaken for a foreign brand, Pelliot is now bound for an IPO as one of China’s top outdoor apparel labels.

US treasury secretary Scott Bessent and Chinese vice premier He Lifeng will meet in Switzerland from May 9–12 for high-level discussions on economic and trade issues. The meeting precedes He’s visit ...

DoorDash will acquire Deliveroo for GBP 2.9 billion in cash, ending the latter's volatile public run. The deal broadens DoorDash’s geographic footprint with limited overlap and follows its USD 1.2 ...

Asmoke is reengineering barbecue with sensors and startup swagger, betting that pitmasters are ready for a tech upgrade.

Luckin Coffee posted Q1 2025 revenue of RMB 8.87 billion, up 41% YoY, with GAAP net income reaching RMB 525 million. Same-store sales growth turned positive at 8.1%, while store-level margins improved ...

Guangzhou Sunhongs, a data center service provider backed by Xiaomi founder Lei Jun, is pursuing a listing on the Beijing Stock Exchange after pulling its Shenzhen IPO bid in 2023. The firm is ...

Uber and Momenta have signed a deal to launch autonomous vehicles outside the US and China, starting in Europe in 2026 with safety drivers onboard. The partnership aims to combine Uber’s global reach ...