Fast fashion giant Shein has leased nearly 15 hectares of warehouse space near Ho Chi Minh City, its first such facility in Vietnam, sources said. The move aims to position goods closer to global ...

TikTok owner ByteDance is targeting 2025 revenue of USD 186 billion, a 20% increase from 2024, putting it just shy of Meta’s projected USD 187 billion. The company now reports over 4 billion monthly ...

Synyi AI, a Tencent -backed Chinese startup, launched a trial clinic in Saudi Arabia in April to test AI-led diagnoses and prescriptions under human doctor oversight. Backed by Almoosa Health Group, ...

China's NEV exports rose 44.2% YoY in April to 189,000 units, accounting for 44.6% of total passenger car exports, up 14 percentage points from a year earlier. Total automotive production and sales ...

China and Latin American nations set a three-year cooperation roadmap at the latest China-CELAC Forum, announcing over 100 joint projects. The agenda also shifts focus beyond trade to AI, green energy ...

The EU has issued preliminary findings that TikTok violated ad transparency rules, risking a fine of up to 6% of global sales. The probe comes amid wider scrutiny into the platform’s content systems, ...

Chinese AI firm 4Paradigm reported Q1 2025 revenue of RMB 1.08 billion, a 30.1% YoY increase driven by enterprise demand for AI agents and “vertical world models.” Gross profit rose to RMB 444 million ...

JD.com is entering China’s food delivery market, turning its logistics muscle into a platform for hot meals, groceries, and ...

TikTok Shop has announced its 2025 summer campaign will span six markets: the US, UK, France, Germany, Italy, and Spain. Platform-wide promotions will debut in France, Germany, Italy, and Spain. The ...

Alibaba reported a 93% YoY increase in operating income for the March 2025 quarter, driven by strong cloud revenue and sustained triple-digit growth in AI products. Total revenue rose 7% to RMB 236.5 ...

Alibaba reported a 93% YoY increase in operating income for the March 2025 quarter, driven by strong cloud revenue and sustained triple-digit growth in AI products. Total revenue rose 7% to RMB 236.5 ...

CATL has established a new subsidiary in Suizhou, Hubei, focused on energy tech R&D, battery swapping, and EV sales. The firm, registered with RMB 5 million in capital, is wholly owned by CATL’s ...