Taobao Instant Commerce and Ele.me orders top 80 million a day; tea stocks rally while platform shares slip · TechNode
Taobao Instant Commerce and Ele.me announced that their combined daily orders have surpassed 80 million, including over 13 million non-restaurant…
Toyota, GM-backed startup Momenta planning entry into last-mile autonomous delivery · TechNode
Chinese self-driving technology unicorn Momenta is setting up a team to develop Level 4 autonomous delivery robots in the hope…
Mercedes-Benz set to use in-car OS from Geely-backed firm · TechNode
Mercedes-Benz has partnered with Chinese tech companies Ecarx and Xingji Meizu and will install Flyme Auto—an operating system developed by…
Embodied AI startup TARS completes $122 million angel+ funding round: report · TechNode
On Tuesday, China’s embodied AI startup TARS (Trusted AI and Robotics Solution) announced the completion of a $122 million Angel+…
ROMOSS suspends production for six months · TechNode
Leading Chinese power bank brand ROMOSS unexpectedly announced a six-month shutdown starting July 7, suspending all production and business operations,…
Manus trims China team, relocates core staff to Singapore headquarters · TechNode
Chinese general AI agent developer Manus has reportedly laid off part of its workforce in China and shifted key technical…
New Shanghai policy may accelerate foreign game approvals in China · TechNode
The Shanghai government recently released a new policy document titled Measures to Promote the High-Quality Development of the Software and…
Agibot denies backdoor listing via Swancor Advanced Materials acquisition · TechNode
On Wednesday, Chinese tech firm Agibot denied market speculation that its acquisition of Swancor Advanced Materials was an attempt to…
Starbucks China stake sale draws bids valuing business up to $10 billion · TechNode
Starbucks’ potential sale of a stake in its China business has attracted multiple bids that value the local operations as…
China’s Zeekr says first hybrid EV won’t have all-electric variant · TechNode
Zeekr’s first plug-in hybrid electric vehicle (PHEV), the 9X, is expected to go on sale at a price range of…
