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Meituan’s overseas push steadies investors despite second consecutive loss

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Pulses

Freelander completes cold weather test

just now
IT Zhijia
The Freelander brand, a joint venture between Chery and Jaguar Land Rover, has completed cold weather testing for its upcoming production vehicle. The brand, which launched on March 31, will feature Huawei’s Qiankun assisted driving system V4.1, with an 896-line LiDAR sensor debuting on its all-terrain SUV.

Agibot delivers A3 humanoid robots

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Jiemian News
Agibot has delivered its first global batch of the A3 humanoid robot, with initial deployments in tourism and cultural venues for tasks such as guided services and operations. The company plans to launch an A3 Ultra model later this year targeting round-the-clock deployment scenarios.

Haisco partners with AbbVie for pain drugs

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Haisco
Haisco Pharmaceutical has granted AbbVie exclusive global rights, excluding mainland China, Hong Kong, and Macau, to develop and commercialize its pain management drug candidates. Haisco will receive a USD 30 million upfront payment and up to USD 715 million in potential milestone payments, plus tiered royalties on future net sales.

Huawei to launch AI glasses on April 20

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IT Zhijia
Huawei will officially unveil its new AI glasses on April 20. The wearable device is expected to feature camera capabilities, audio support, and integration with the HarmonyOS ecosystem.

RoboSense wins European robot order

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RoboSense
RoboSense has secured a volume order for its Active Camera series from a leading European humanoid robot manufacturer. The company plans to begin mass production and delivery in 2026.

Xiaohongshu to launch Redshop in June

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36Kr
Xiaohongshu will launch its cross-border e-commerce platform, Redshop, in June. The platform will initially invite select merchants to sell goods, focusing on categories such as intangible cultural heritage crafts and specialty handmade items before expanding to other sectors.

Honor, ByteDance discuss Doubao phone

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36Kr
Honor and ByteDance are in talks over a potential Doubao-focused smartphone partnership, according to people familiar with the matter, with no agreement yet reached on specific terms.

Malaysia doubles minimum EV import price

just now
NYTimes
Malaysia has doubled the minimum sale price for imported EVs to MYR 200,000. Trade minister Johari Abdul Ghani stated the policy aims to protect domestic jobs and encourage foreign manufacturers to establish local assembly plants. The move follows the expiration of a previous import tax holiday on December 31, 2025.

China car exports to EU rise 30.7%

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SCMP
Chinese car exports to the European Union reached 1.006 million vehicles in 2025, up 30.7% YoY, as automakers increased shipments to the region.

Insta360 schedules April 15 launch

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IT Zhijia
Insta360 will host a product launch event on April 15, when it is expected to unveil a new device, widely speculated to be a special edition of the Insta360 Go Ultra pocket camera.

Bilibili rolls out pause ads feature

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TMTPost
Bilibili has launched a new advertising feature on its mobile app, displaying ads when users manually pause videos, with creators able to opt out. The move follows ad revenue growth of over 20% YoY for 12 consecutive quarters, accounting for 33% of total revenue in 2025.

Haidilao probes forced staff payments

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Jiemian News
Haidilao confirmed on April 11 that an employee was forced to pay for customer compensation. The company verified the incident on April 9 and pledged to compensate the employee. It has since ordered an internal audit across its more than 1,000 stores to identify and address any similar practices.

Mihoyo, Samsung launch S26 Ultra kit

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IT Zhijia
Mihoyo and Samsung will release a limited-edition Honkai: Star Rail accessory gift box for the Galaxy S26 Ultra in South Korea on April 24. Priced at KRW 294,000, the set is limited to 2,000 units. Presales begin April 17, with remaining stock moving to online channels after the offline sale period.

Nio reports over RMB 67 billion in R&D

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Jiemian News
Nio has invested more than RMB 67 billion in R&D, according to chairman William Li. The company allocated over RMB 20 billion of that total specifically to charging and battery swapping infrastructure.

ByteDance’s Seed team loses 70 staff

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IT Zhijia
Approximately 70 technical employees have left ByteDance's Seed team over the past year, with nearly 30 joining Tencent to work on AI infrastructure and data systems. The Seed team, established in 2023, develops the Doubao large model and supports over 50 applications.

Sunwoda becomes Tesla battery supplier

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Jiemian News
Sunwoda has become Tesla’s fifth global power battery supplier through its subsidiary Sunwoda Power, according to industry sources.

DeepSeek confirms V4 launch timing

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IT Zhijia
DeepSeek founder Liang Wenfeng has confirmed the company will release its next-generation flagship model, DeepSeek V4, in late April, following the recent implementation of tiered modes to handle tasks of varying complexity.

Lenovo closes Infinidat acquisition

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IT Zhijia
Lenovo has finalized its acquisition of enterprise storage provider Infinidat, which will operate as an independent unit within its infrastructure solutions arm. The deal was first announced in early 2025, and financial terms were not disclosed.

Phantom Blade Zero set for September 9 launch

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IT Zhijia
Phantom Blade Zero will launch globally on September 9, according to developer S-Game. The studio is currently in the final stages of production for the Unreal Engine 5 action RPG, emphasizing that all game assets were created by human artists without the use of generative AI.

Global AR glasses shipments jump 148%

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IT Zhijia
Global AR smart glasses shipments grew 98% in 2025, with a 148% increase in the second half of the year, according to Counterpoint Research. RayNeo led the video-based segment with a 42% market share, while waveguide-based glasses saw a 600% surge, accounting for 38% of the total market. AI-enabled devices represented 70% of waveguide shipments in the second half.
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