China Recap is a weekly roundup tracking Chinese companies expanding abroad, covering market entries, funding rounds, product ...

Anker Innovations is considering a Hong Kong listing as early as 2026, according to people familiar with the matter. The Shenzhen-listed electronics maker, valued at RMB 79 billion, has seen its share ...

Great Wall Motor has commenced production at its Iracemapolis factory in Sao Paulo, Brazil, its third overseas full-process manufacturing hub after Russia and Thailand. Converted from a Daimler plant, ...

Meta is expected to launch its first display-equipped smart glasses for about USD 800, down from earlier expectations of USD 1,000–1,400, in a bid to spur demand. The device, controlled via a neural ...

Li Auto has reverted to a province-based sales model that previously fueled growth, less than six months after adopting a “warzone” structure. The shift follows lackluster i8 sales, mounting pressure ...

The YU7 Max’s roof maintains a neutral black tint in its high-shading mode and provides clear visibility, including of the night sky, in high-transparency mode. Covering 1.6 square meters with a ...

Current and former OpenAI employees are reportedly in talks to sell about USD 6 billion of shares to investors including SoftBank Group, Thrive Capital, and Dragoneer Investment Group. The deal, still ...

Eswin, China’s largest 12-inch silicon wafer supplier, has won approval for a RMB 4.9 billion (USD 682.8 million) IPO on Shanghai’s Star Market. The proceeds will fund a second plant in Xi’an, ...

99Food, backed by China’s Didi, has launched in Sao Paulo with a commission-free year for restaurants, coupons worth BRL 99 for new users, and minimum payouts for couriers. The platform, which ...

iQiyi has launched a global competition inviting content creators to explore the integration of artificial intelligence into short-form storytelling. Titled “Beyond Tools, Toward Teammates,” the ...

Shein’s UK sales rose 32.3% in 2024 to GBP 2.05 billion, with pretax profit up 56.6% to GBP 38.25 million, a filing shows. Britain is its third largest market after the US and Germany. The retailer, ...

Alibaba has released Accio Agent, an AI -driven tool it said is intended to automate up to 70% of product sourcing and development tasks. Built on its Qwen model and trained on one billion product ...