News

In media interviews, Trump said that if a sale wasn’t finalized by June 19, he would extend TikTok’s divest-or-ban deadline ...
Coco Robotics, an autonomous vehicle company focused on last-mile logistics, raised USD 80 million from a slate of investors ...
Kuaishou’s 618 campaign saw strong GMV growth across shelf and content scenes, with search GMV up 143% and short video GMV rising 29% YoY. GMV from big-ticket items jumped 219%, while the number of ...
JD.com ended its 618 festival with over 2.2 billion orders and more than 100% YoY growth in user numbers. Appliance and home category sales surged, with 15 new products surpassing RMB 100 million.
Meta is hiring Daniel Gross and Nat Friedman, key figures behind AI startup Safe Superintelligence and VC firm NFDG. The duo will work with Scale AI’s Alexandr Wang, brought on through a USD 14.3 ...
Google is using YouTube videos to train AI models like Veo 3 and Gemini, but many creators say they were not informed. While YouTube’s terms permit content use, experts warn the practice could ...
Export orders on Alibaba.com rose 42% YoY during this year’s 618 event, with GMV up nearly 30% amid early Christmas demand from the US and Europe, where order volumes jumped 55% and 84% respectively.
Global robot vacuum shipments reached 5.1 million units in Q1 2025, up 11.9% YoY, according to IDC. China’s Roborock led with a 19.3% market share and strong growth in Western Europe and China, ...
Chinese customs authorities have seized over 46,000 counterfeit Labubu toys across Guangdong, Zhejiang, and Shanghai as demand for the viral Pop Mart collectible fuels a surge in knockoffs. State ...
A SpaceX Starship rocket exploded during a June 18 static fire test in Texas, likely due to a nitrogen tank failure, marking the first ground test loss in years. No injuries were reported, but the ...
China’s 618 shopping festival reached a record RMB 855.6 billion in GMV, up 15.2% YoY, according to Syntun, though daily spending fell as the event extended over several weeks. Alibaba's Tmall and ...
Global robot vacuum shipments reached 5.1 million units in Q1 2025, up 11.9% YoY, according to IDC. China’s Roborock led with a 19.3% market share and strong growth in Western Europe and China, ...