Chinese video platform Bilibili achieves quarterly profitability for first time
The Shanghai-based company recorded an adjusted net profit of 235.9 million yuan (US$33.6 million) during the third quarter.
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Hyundai is launching an AI-powered EV next year to keep pace in China
Electric vehicle sales continue surging in China. According to Rho Motion, China set another EV sales record last month with 1.2 million units sold, up 50% from October 2023. Over 8.4 million EVs were ...
Chinese start-ups take the plunge to clean up in America’s backyards
Manufacturers of robotic pool cleaners seek to emulate China’s electric vehicle success story while keeping an eye on tariff ...
Chinese autonomous driving startup Pony AI seeks up to $224M in US IPO
Pony AI is inching closer to its initial public offering in the U.S., but as it does so, it continues to drop its minimum ...
Wuhan-Based Company to Shut Down After Indictment on Fentanyl Manufacturing
The U.S. alleged that the China-based company spent around 10 years distributing chemicals used to make the lethal drug.