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After cost cuts and subsidy rollbacks failed to yield profits, Meituan is scaling back Youxuan to focus on an offline retail initiative under Xiaoxiang Supermarket.

Logging over 60 million orders during the 618 festival, Alibaba’s flash sale drive is reshaping its e-commerce playbook.

IPO filings, shutdowns, and a deepening price war signal the start of a high-stakes consolidation phase in outdoor robotics.

With USD 560 million in revenue and 870 patents, Govee is heading toward an IPO, built quietly by a founder who has never spoken publicly.

Some believe a full ban on TikTok in the US is unlikely. TikTok is counting on it.

With DJI preparing to enter its core segment, Insta360 faces the challenge of defending its moat through continued innovation.

The Shanghai-based startup is developing AI-powered robots to automate industrial grinding, a process still largely manually done.

Executive churn and slow progress on deliveries leave Haomo.AI at risk of being folded into Great Wall Motor as rivals gain ground.