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 ...

Haomo.AI is facing internal turbulence as top executives exit and key projects stall. Its chairman and two vice presidents have resigned, while development delays and weak commercialization have cast ...

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, ...

Ant International’s Alipay+ has launched its first embedded global payment solution for smart glasses, completing the first eyewear-based transaction in Hong Kong using Meizu’s StarV Snap glasses. The ...

Alibaba Cloud will launch a second data center in South Korea this month to meet growing demand for AI and cloud services. The new facility will expand its cloud-native and big data offerings while ...

JD Logistics launched JoyExpress, a self-operated courier service in Saudi Arabia, on June 18. The service offers same-day delivery, cash-on-delivery, and local customer support. Backed by JD’s full ...

With DJI preparing to enter its core segment, Insta360 faces the challenge of defending its moat through continued innovation ...

The Shanghai-based startup is developing AI-powered robots to automate industrial grinding, a process still largely manually ...

Executive churn and slow progress on deliveries leave Haomo.AI at risk of being folded into Great Wall Motor as rivals gain ...

InstaPay Technologies has secured USD 3 million in a Series A2 funding round, led by US family offices with renewed backing from ACA Investments. With this funding, the Malaysia-based fintech firm ...

DeepSeek’s updated R1 model has tied Google’s Gemini 2.5 and Anthropic’s Claude Opus 4 on the WebDev Arena coding leaderboard. Released in May, the enhanced R1 reportedly improves reasoning and halves ...

Alipay has integrated in-store payment functionality into Rokid’s new AR glasses, enabling users to complete purchases using voice commands and QR scans. With over 250,000 units reportedly preordered, ...