Lenovo reported FY25 revenue of USD 69.1 billion, up 21% YoY, with net income rising 36% to USD 1.4 billion. Growth was ...

The comments follow scrutiny of recent AI-related Gulf deals and come as the USD 524 billion sovereign fund plans to double US outlays, pledging USD 500 billion over the next decade amid rising ...

OpenAI will acquire io, an AI hardware startup co-founded by Apple veteran Jony Ive, in a USD 6.5 billion all-stock deal. The move brings in a team of Apple alumni and positions OpenAI to launch ...

The fintech firm is betting on global expansion and AI-driven financial infrastructure to anchor its next phase of growth.

OpenAI will acquire io, an AI hardware startup co-founded by Apple veteran Jony Ive, in a USD 6.5 billion all-stock deal. The move brings in a team of Apple alumni and positions OpenAI to launch ...

As China grapples with a surge in retired EV batteries, Eagoal is leaning on predictive tools and clean chemistry to lead the ...

EHang expects to launch flying taxi services in Guangzhou and Hefei this year and sees China enabling fixed-route air shuttles by 2030. Certified by China’s aviation regulator for autonomous eVTOL ...

LexinFintech reported Q1 2025 net income of RMB 430 million, up 113% YoY. Revenue fell 4% to RMB 3.1 billion, as loan ...

Tmall’s export push drove record growth in the opening days of the 2025 global 618 campaign, with nearly 1 million merchants ...

Xpeng posted Q1 2025 revenue of RMB 15.81 billion, up 141.5% YoY, as deliveries surged 331% to 94,008 units. Net loss narrowed to RMB 660 million, supported by improved margins and economies of scale.

iQiyi's net income fell 72% YoY to RMB 182 million in Q1 2025 as revenue declined 9% to RMB 7.19 billion. The drop was driven by a lighter content slate and weaker ad sales. Reductions in content ...

Meitu has partnered with Alibaba in a USD 250 million deal involving convertible bonds, marking a deepening collaboration in AI, e-commerce, and cloud services. Meitu will integrate its AI tools into ...