Founded by six young entrepreneurs, Shuai Shuai Fireworks defied expectations with sales exceeding RMB 10 million in its ...

OpenAI is preparing for an IPO that could value the ChatGPT maker at up to USD 1 trillion, according to people familiar with the plans. Plans are underway following a restructuring that reduces its ...

TikTok has reportedly surpassed 460 million users in Southeast Asia and signed an MoU with Vietnam’s Ministry of Culture, Sports and Tourism to promote digital innovation and growth. The partnership ...

China has opened a state-level automotive chip testing platform in Shenzhen, backed by China Reform Holdings and the China Automotive Technology and Research Center. The new facility, part of ...

Pollon Life, a Chinese biotech company backed by Jack Ma’s Yunfeng Capital, has confidentially filed for a Hong Kong IPO that could raise about USD 300 million. The firm, maker of China’s first ...

Nvidia has become the world’s first company to reach a USD 5 trillion valuation, underscoring its dominance in the AI-driven market boom. The chipmaker’s swift rise from USD 2 trillion last year ...

Nvidia has become the world’s first company to reach a USD 5 trillion valuation, underscoring its dominance in the AI -driven market boom. The chipmaker’s swift rise from USD 2 trillion last year ...

Uber plans to invest in the Hong Kong IPOs of Chinese robotaxi developers Pony.ai and WeRide, sources said. The company may put about USD 100 million into Pony.ai's share sale, extending its ...

The aim is to make use of idle space inside subways, according to an employee of SF Express, one of China’s largest delivery ...

Despite its record scale, the deal’s co-co model highlights both rising ambition and lingering skepticism in a cooling market.

In September last year, Miniso announced it would acquire Yonghui Superstores for around RMB 6.27 billion (USD 877.8 million) ...

OpenAI and Microsoft have restructured their partnership, turning the ChatGPT maker into a public benefit corporation and clearing a path to an IPO. The deal boosts CEO Sam Altman’s control and ...