The deal grants China Literature a 10% stake in the plush toy maker and sets the stage for co-developing original collectible ...

Five years after a financial scandal, China’s leading coffee chain is testing its footing in Starbucks’ home market.

Bonjour is building an agentic platform that turns tasks into instant transactions—fulfilled by humans today, and AI tomorrow ...

Grammarly is acquiring startup Superhuman to expand its AI -powered workplace tools. Superhuman, last valued at USD 825 million with USD 35 million in revenue, will retain its brand and CEO Rahul ...

Temu has updated its quality inspection rules to fine sellers who misreport product weight or volume by more than 50 grams or 10%. A base fine of RMB 10 per order applies, increasing by RMB 10 for ...

Surge AI is seeking up to USD 1 billion in its first funding round, targeting a valuation above USD 15 billion, according to sources. The profitable, bootstrapped firm generated over USD 1 billion in ...

Li Auto delivered 36,279 vehicles in June 2025, with Q2 deliveries reaching 111,074 and total cumulative deliveries topping 1.3 million. Celebrating its tenth anniversary, the company retained its ...

Huawei has open-sourced two Pangu AI models and related inference tools to expand its Ascend chip ecosystem and global reach. Analysts say the move reflects a hardware-first strategy similar to Google ...

Pangdonglai reported RMB 11.7 billion in revenue for H1 2025, with supermarket sales accounting for over half. The group’s net profit estimate has risen to RMB 1.5 billion as of mid-June, well above ...

Chinese sportswear brand Anta will open its first US store in Beverly Hills, expanding beyond third-party retailers and e-commerce. The announcement came in a teaser featuring chief creative officer ...

Luckin Coffee opened its first US stores in New York on June 30, unveiling app-based, cashier-free locations in Greenwich Village and Chelsea. The Chinese coffee chain, which overtook Starbucks in ...

Binance plans to keep its Singapore-based remote workforce despite new rules requiring offshore crypto firms to be licensed by June 30. The exchange, which lacks a local license, says most staff are ...