NewsChina’s shoppers still want luxury, but they are okay with secondhand goodsLVMH and other groups see sales slip in the region as consumers turn thrifty. 2 mins read
Singapore will feature heavily in iFlytek’s regional expansion plans, serving as its operational hub within Southeast Asia. NewsiFlytek opens Southeast Asia headquarters in Singapore, eyes regional growth2 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Uber to buy Delivery Hero’s Foodpanda in Taiwan, Hysata lands USD 111.3 million in Series B funding, Active Surfaces closes oversubscribed pre-seed round, and more6 mins read
The US carmaker has cleared regulatory obstacles, but the timetable remains unclear. NewsTesla to work with Baidu in push to offer self-driving tech in China3 mins read
Factory utilization for new energy vehicles has dropped to 50%, far below the breakeven point. NewsChina’s EV overcapacity spurs global fears of more price cuts3 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: SeaTown to invest in Linnovate Partners, South Korea’s DeepX completes Series C round, Tjufoo and Sinbad set to merge, and more4 mins read
Chery’s chairman has promised a surge of electric vehicle models over the next 20 months, hinting at an ambitious expansion. NewsChery unveils the Sterra ET, highlighting bold EV ambitions3 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Gapai and Elevarm secure seed funding, Rize bags USD 14 million, nine China deals, and more4 mins read
The homegrown tech champion’s first-quarter shipments surge 70% at home amid US blacklisting. NewsHuawei retakes crown in China handset market as Apple sinks to fifth3 mins read