The company reported total revenue of RMB 114.1 million (USD 16.8 million) in the first quarter, up 57.6% year-on-year (YoY).

The companies have established a joint venture in Singapore. Chinese state-owned Jiangsu Yueda Automobile Group, Chinese ...

Xpeng is in talks with Volkswagen and other automakers to acquire a manufacturing facility in Europe. Cheng Xiaoguang, its head for Northeast Europe, said the company is evaluating potential sites, ...

Xiaomi said the SU7 ranked first in April sales of passenger vehicles priced above RMB 200,000, while the YU7 led national SUV sales from January to April. The company said both models are available ...

MiniMax has launched Mavis, a new mode for its desktop agent platform designed to handle complex, long-term tasks. The system uses a multi-agent architecture with distinct roles to improve task ...

DJI has launched the Pocket 4P, adding a three-times telephoto lens to its handheld gimbal camera series. The device features an analog joystick for more precise gimbal control and integrated live ...

It is getting more profit out of retail, even as quick commerce spending tests the limits of that improvement.

Heavier spending has wiped the tech giant’s profit and pushed cash flow negative, even as AI demand continues to outstrip ...

Dreame will release its Aurora smartphone in the fourth quarter of 2026, with manufacturing handled by Nubia. The device will feature Qualcomm Snapdragon chips and run on Nubia’s MyOS operating system ...

Games and advertising still fund the company’s next act, but investors are asking when AI will become more than a spending ...

Dongfeng Motor's Hong Kong unit has acquired 20.19 million H shares of Voyah Auto through the secondary market, raising the controlling shareholder’s total stake to 70.02%. Voyah Auto, which listed on ...

TikTok has launched its lifestyle services brand, TikTok Go, in the US and Japan, following an initial rollout in Indonesia. The company said the Indonesia service recorded a 20-fold increase in food ...