Before filing for an IPO in the US, Ximalaya raised close to RMB 10 billion (USD 1.4 billion) over 12 funding rounds. Its cap table boasted heavyweights like Xiaomi, Baidu, General Atlantic, Goldman ...

Xpeng Motors is in talks to supply its Turing chip to other automakers, with a debut in Volkswagen’s China models expected in 2026. The chip, already used in Xpeng’s G7 SUV, reportedly delivers 2,200 ...

OpenAI CEO Sam Altman said Stargate, a project that could invest up to USD 500 billion in AI infrastructure, could unlock major breakthroughs in AI and science. He predicts 2026 could be an inflection ...

Chinese EV maker Xpeng Motors has unveiled upgraded G6 and G9 electric SUVs for Europe, featuring 5C LFP batteries and 800V SiC platforms that enable 10–80% charging in just 12 minutes. Both models ...

A life-sized mint green Labubu figure has sold for over USD 150,000 at a Beijing auction, highlighting surging demand for Pop Mart collectibles. Created by artist Kasing Lung, the character has become ...

TikTok Shop’s full-service launch in Mexico saw GMV surge 208% during its "hot sale" event from May 19 to June 3, with paid orders reportedly rising 63%, marking a strong debut in Latin America.

BYD has launched the Dolphin Surf, ostensibly its most affordable EV to date, in Europe at around USD 25,000, triple the price in China due to tariffs. The debut expands China’s EV price war into ...

Horizon Robotics plans to raise HKD 4.67 billion through a top-up share placement to support business expansion and R&D. The self-driving chipmaker will sell 681 million shares at HKD 6.93 each, with ...

On June 11, US President Donald Trump declared a trade deal with China “done,” pending approval from Chinese counterpart Xi Jinping. The agreement would reinstate steep tariffs, with 55% from the US ...

Investbanq, a wealth tech platform, has raised USD 3 million in pre-Series A funding from Constructor Capital, Orvel, Big Sky Capital, and other investors. Based in Singapore, the company helps banks ...

A coalition of US states has sued 23andMe to block the sale of user DNA data without explicit consent. Filed in bankruptcy court, the suit challenges the transfer of genetic profiles linked to over 15 ...

Sleek has raised USD 23 million in a Series B funding round led by Ellerston JAADE, with participation from Money Forward. The Singapore-based platform helps SMEs streamline back office operations and ...