News

Tesla has launched the Model Y L in China, with orders starting at RMB 339,000. The refreshed version of its bestselling SUV comes amid rising local competition and an 8.4% drop in China EV sales in ...
Dongfeng Motor plans to sell its 50% stake in Dongfeng Honda Engine, exiting the joint venture as it shifts focus to EVs. The engine unit posted a RMB 227 million loss in 2024 and cut production at ...
Shein is considering moving its legal base from Singapore to China to help secure regulatory approval for a Hong Kong IPO, according to people familiar with the matter. The fast fashion giant has ...
Clearbridge Health has raised SGD 1.98 million through a fully subscribed share placement backed by Asdew Acquisitions, Azure Capital, and Ramesh Chandiramani. Proceeds will support working capital ...
AND Global has raised USD 21.4 million in a Series B funding round co-led by IFC and Aeon Financial Service, with additional backing from Marubeni, SBI Holdings, and Premium Group. Founded in Mongolia ...
Indonesia-based Waterhub has raised an undisclosed amount in a funding round co-led by Archipelago VC and The Radical Fund to scale its clean water filtration systems. The startup will ramp up ...
Cambricon Technologies plans to raise RMB 3.98 billion to fund AI chip development, pending approval from the CSRC. The move follows a 280% surge in its share price over the past year, driven by ...
Ant Group said it has upgraded its AQ healthcare app with AI -driven tools to detect fake medical ads and misinformation, with a focus on seniors. The app connects users to roughly 200,000 doctors, ...
Starbucks has reshuffled its China leadership team, appointing Sabrina Shen as vice president of operations and Christie Mao as chief partner resources officer. The changes follow the departures of ...
The company hopes to stand out with Diabegone, a diabetes treatment that lasts longer than competing drugs from companies ...
Horizon Robotics is one of Nvidia’s key challengers in the Chinese market for intelligent driving. It offers optimized AI ...
China Recap is a weekly roundup tracking Chinese companies expanding abroad, covering market entries, funding rounds, product ...