News

Aeke went commercial in 2024, debuting its “Smart Home Gym K1” on Kickstarter. In just over a month, it raised more than RMB ...
Shein’s UK sales rose 32.3% in 2024 to GBP 2.05 billion, with pretax profit up 56.6% to GBP 38.25 million, a filing shows. Britain is its third largest market after the US and Germany. The retailer, ...
Alibaba has released Accio Agent, an AI -driven tool it said is intended to automate up to 70% of product sourcing and development tasks. Built on its Qwen model and trained on one billion product ...
NetEase’s Q2 2025 revenue rose 9.4% YoY to RMB 27.9 billion, driven by a 13.7% increase in gaming sales to RMB 22.8 billion. Profit reached RMB 8.6 billion, while non-GAAP net income was RMB 9.5 ...
ByteDance’s Hongguo app reached 212 million monthly active users in June 2025, up 179% YoY and surpassing Youku for the first time. The short drama platform, China’s most downloaded app in May, is ...
Weibo’s Q2 2025 revenue rose 2% YoY to USD 444.8 million, driven by growth in advertising and marketing sales to USD 383.4 million. Profit reached USD 125.7 million, with non-GAAP net income of USD ...
Softcare, Africa’s top diaper brand by 2024 sales volume, has refiled for a Hong Kong IPO after its earlier prospectus lapsed in July. Spun off from Guangzhou-based Sunda, the company plans to expand ...
Xiaomi led Southeast Asia’s smartphone market in Q2 2025 with 4.7 million units shipped and a 19% share. It was the brand’s first return to the top since Q2 2021, driven by strong Redmi sales, rising ...
Foxconn (Hon Hai Precision) reported Q2 2025 revenue of TWD 1.79 trillion, up 16% YoY, while net profit rose 27% to TWD 44.4 billion, both record highs for the period. AI server sales climbed over 60% ...
ByteDance’s Seed team has open-sourced VeOmni, a PyTorch-based framework that helps train AI models using text, images, audio, and video. Unlike conventional systems that mix model logic with parallel ...
Agibot has launched Genie Envisioner, a new robot learning system that combines training, control, and simulation into one platform. Trained on 3,000 hours of real-world video data, it learns by ...