Nebius Group will raise USD 1 billion through convertible notes due in 2029 and 2031 to support AI infrastructure expansion. The proceeds will fund computing power and data center growth. The notes, ...

Miniso has hired JPMorgan and UBS to prepare a Hong Kong IPO for its collectible toy brand Top Toy, sources said. The company is also seeking investment from sovereign funds ahead of the listing. Top ...

Facing pressure on multiple fronts, Meituan is working to defend its home turf while pushing ahead with global expansion.

Ant International has launched an "AI-as-a-service" platform under Alipay+ to help fintech firms build AI-native services. The solution supports workflows such as fraud detection, onboarding, and ...

With a Kickstarter hit in UV printing and new boundary-free robotic mowers, Anker’s sub-brands are reentering markets where ...

Nvidia overtook Microsoft on June 3 to become the world’s most valuable listed company, closing with a USD 3.45 trillion market cap. Shares rose 3% as strong demand for its AI chips fueled 69% YoY ...

34% of Germans surveyed are aware of TikTok Shop, but only about 4% have made a purchase since its March 31 launch, according to a study by OMD. Awareness is highest among those aged 18–29 at 47%, ...

Xiaomi has appointed Chen Guang, former CTO of FAW’s Nanjing research institute, to lead perception development for its assisted driving unit, replacing Rui Cai. The hire boosts Xiaomi’s efforts to ...

Chen Guang joins Xiaomi to strengthen its assisted driving push as the company works to catch up with China’s leading EV ...

The move coincides with a USD 100 million investment from Fluidra to support Aiper’s push into smart yard technology.

Alarm is growing over China’s decision to restrict exports of rare earth magnets and alloys, as global automakers warn of looming production delays. The curbs, seen as trade leverage, affect critical ...

Nvidia CEO Jensen Huang praised Nintendo’s upcoming Switch 2, calling its custom chip “unlike anything we’ve built before,” with breakthroughs in mobile ray tracing, HDR, and AI-driven gameplay.