NewsChinese consumers become thrifty but ready to spend on relaxationChina’s hit products for 2024 reflect a slowing economy and the people’s worries. 3 mins read
Li-Ning will outfit Chinese athletes at global events through 2028, taking over from Anta as the official sportswear partner. NewsLi-Ning reclaims Olympic partnership as Anta’s 16-year streak ends4 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Aevice Health secures new funding, Temasek’s GenZero invests in BeZero Carbon, Airwallex completes acquisition of MexPago, and more3 mins read
Alibaba’s restructuring efforts continue as it works to better align its consumer-facing AI initiatives. NewsAlibaba taps AI for consumer growth, pairs Tmall Genie with Quark3 mins read
Shengshu’s latest Vidu update cuts video generation costs by more than half and introduces templates to speed up the creative process. NewsAI video generation just got faster and cheaper with Shengshu’s Vidu 2.02 mins read
Cainiao’s new mandate focuses on attracting more external clients while maintaining its support for Alibaba. NewsCainiao offloads e-commerce duties to Alibaba to double down on logistics3 mins read
China saw a record-low number of fundraising deals in 2024 due to policy-tightening measures. NewsUncertainties cloud China’s 2025 IPO prospects3 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Indonesia’s Skor confirms pre-Series A round, MetAI raises seed funding, latest China deals, and more3 mins read
Merchants and users stand to benefit from a more unified WeChat ecosystem as the platform integrates features to enhance engagement. NewsWeChat outlines its e-commerce ambitions at latest Open Class event3 mins read
NewsDeals in brief: Grab invests USD 60 million in Vay, Transcelestial secures new funding, Bioactivx closes seed round, and more