20% of NIO’s battery swap stations approach breakeven point · TechNode
NIO’s massive recharging network for battery swapping can be a profitable model if each completes 60 swaps on average per…
Xiaomi smartphone to debut Qualcomm’s Snapdragon 7s Gen 3 next month · TechNode
After launching the Snapdragon 7 Plus Gen 3 in March this year, Qualcomm now unveiled its next-gen mid-end mobile platform,…
Xiaomi reports a Q2 revenue of $12.46 billion, marking a 32% y-o-y increase · TechNode
Xiaomi on Wednesday announced its financial results for the second quarter, reporting a revenue of RMB 88.89 billion ($12.46 billion),…
Zeekr gets approval to test Level 3 autonomous vehicles in China · TechNode
Chinese electric vehicle maker Zeekr said on Wednesday it has obtained a license to test its Level 3 partially autonomous…
Walmart sells entire JD stock as it looks to focus on its own Chinese businesses · TechNode
US retail giant Walmart has exited its eight-year holding in China’s JD, one of the country’s largest e-commerce platforms, according…
Huawei tops Fortune China’s first Tech 50 list ahead of BYD and CATL · TechNode
Fortune magazine has released its inaugural Fortune China Tech 50 list, highlighting 50 Chinese technology companies that are impacting the…
Baidu ads revenue down 2% in Q2, GenAI’s contribution to cloud earnings increases · TechNode
Chinese search engine giant Baidu posted a slight earnings decline in the June quarter versus a year earlier, landing at…
Black Myth: Wukong sparks tourism boom in Shanxi Province after revealing ancient site inspirations · TechNode
China’s Shanxi Province, home to 27 of the 36 ancient architecture locations featured in the game Black Myth: Wukong, has…
Advertising growth fuels Bilibili’s Q2 earnings, loss narrows to $83.7 million · TechNode
Chinese video-sharing platform Bilibili narrowed its loss to RMB 608 million ($83.7 million) in the second quarter, while revenue rose…
Geely to bring Black Myth: Wukong gaming experience to its cars · TechNode
Chinese action role-playing game (RPG) Black Myth: Wukong has sent shockwaves through the global gaming community and the impact is…
