Groq is set to raise about USD 600 million in a new round led by VC firm Disruptive, valuing the AI chip startup at roughly USD 6 billion. The deal will double Groq’s valuation and bring its total ...

The dispute between battery makers CATL and Hithium has escalated after a former Hithium executive was detained in Ningde over alleged trade secret violations. CATL filed the complaint and submitted ...

Groq is set to raise about USD 600 million in a new round led by VC firm Disruptive, valuing the AI chip startup at roughly USD 6 billion. The deal will double Groq’s valuation and bring its total ...

A potential extension of the US-China tariff pause won’t be finalized without President Donald Trump’s approval, officials said after the latest round of talks in Stockholm on July 29. The current ...

China’s solar installations fell from nearly 100 GW in May to under 15 GW in June as developers lost access to fixed-rate subsidies. Authorities are also tightening price controls on solar products to ...

Anthropic is in advanced talks to raise up to USD 5 billion in a new funding round led by Iconiq Capital, potentially valuing the startup at USD 170 billion. The company has reached USD 5 billion in ...

A bottle of perfume priced at RMB 1,750 (USD 245) might not only come from Chanel or Hermes. It could also be Chinese. During ...

These three cases show how overlooked consumer categories can quietly scale overseas, even while flying under the radar at ...

Eastroc Beverage’s new products lifted its H1 2025 revenue to RMB 10.74 billion, up 36% YoY. Sales of its “Bushuila” hydration drink rose 214% to RMB 1.49 billion, easing reliance on energy drinks.

Chang’an Automobile has been spun off as a new state-owned enterprise in Chongqing. The firm includes 117 subsidiaries and has registered capital of RMB 20 billion. It plans to focus on smart vehicles ...

Eastroc Beverage’s new products lifted its H1 2025 revenue to RMB 10.74 billion, up 36% YoY. Sales of its “Bushuila” hydration drink rose 214% to RMB 1.49 billion, easing reliance on energy drinks.

ByteDance’s Douyin has denied online claims that it arbitrarily canceled a former employee’s stock options, stating the forfeiture followed violations of its integrity policy and stock option ...