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Meituan is rolling out a network of centralized, transparent kitchens to improve food safety in delivery. Supported by traceable sourcing, live stream…

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China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

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Xiaomi’s YU7 preorder frenzy signals a new phase in China’s EV race

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36Kr is China's most influential business and technology network, delivering high-quality content focused on China’s innovation and new economy trends since 2010. With its extensive traffic and network, 36Kr has built a comprehensive database and strong data analytics capabilities to provide insights into China’s technology landscape.

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The Chinese coffee chain plans to deploy 1,100 regional managers as it works to shore up its low-cost, franchise-driven model.

After racing to 15,000 stores, Cotti Coffee gets serious about quality control

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<a href="/company/meituan">Meituan</a> is rolling out a network of centralized, transparent kitchens to improve food safety in delivery. Supported by traceable sourcing, live streamed preparation, and tools like Kuailv, the program plans to open 1,200 sites over three years. Participating merchants are rated through Meituan’s in-house food safety index, with over 100 already onboard.

<a href="/company/temu">Temu</a> has updated its quality inspection rules to fine sellers who misreport product weight or volume by more than 50 grams or 10%. A base fine of RMB 10 per order applies, increasing by RMB 10 for every additional 50 grams. Return orders are also subject to penalties. Sellers are advised to review data to avoid fines or reduced platform visibility.

Pangdonglai reported RMB 11.7 billion in revenue for H1 2025, with supermarket sales accounting for over half. The group’s net profit estimate has risen to RMB 1.5 billion as of mid-June, well above the RMB 1 billion target set earlier this year.

Grammarly is acquiring startup Superhuman to expand its <a href="/industry/ai">AI</a>-powered workplace tools. Superhuman, last valued at USD 825 million with USD 35 million in revenue, will retain its brand and CEO Rahul Vohra. Grammarly plans to integrate AI agents into email workflows and expand into calendars, tasks, and collaboration.

Chinese sportswear brand Anta will open its first US store in Beverly Hills, expanding beyond third-party retailers and <a href="/industry/e-commerce">e-commerce</a>. The announcement came in a teaser featuring chief creative officer Kyrie Irving, who joined the brand in 2023 and launched the Kai 1 signature shoe in March.

Chinese <a href="/industry/ai">AI</a> firm <a href="/company/deepseek">DeepSeek</a> is expanding globally, with HSBC, Standard Chartered, and Saudi Aramco among those reportedly testing or deploying its models. The trend has drawn warnings from <a href="/company/openai">OpenAI</a> and US officials, who say China’s growing AI presence could erode Western influence and global standards.

Binance plans to keep its Singapore-based remote workforce despite new rules requiring offshore crypto firms to be licensed by June 30. The exchange, which lacks a local license, says most staff are in non-client roles such as compliance and tech, insulating them from regulatory impact.

Figma has filed to go public on the NYSE, following the collapse of its USD 20 billion sale to Adobe and a USD 1 billion breakup fee. The company reported USD 228 million in Q1 2025 revenue, USD 44.9 million in net income, and roughly 450,000 customers as of March 31.

Surge AI is seeking up to USD 1 billion in its first funding round, targeting a valuation above USD 15 billion, according to sources. The profitable, bootstrapped firm generated over USD 1 billion in revenue in 2024 and is adding clients amid Scale AI’s customer losses following its partnership with Meta.

China will launch virtual IDs for internet use on July 15, shifting user verification from tech firms to state-run systems. Citizens can voluntarily submit facial scans and personal data to access online services. Analysts say the move could reshape China’s AI development and digital economy.

<a href="/company/nio">Nio</a> delivered 24,925 vehicles in June 2025, up 17.5% YoY, contributing to 72,056 units in Q2, a 71.2% increase from Q1. H1 2025 deliveries rose 30.6% YoY to 114,150. Cumulative sales reached 785,714, including 725,248 from Nio, 52,623 from Onvo, and 7,843 from Firefly.

How do trustless ledgers transform industries? Investigate decentralized databases, smart contracts, and infrastructure powering secure transactions.

Blockchain

Where do digital assets find value? Consider market volatility, decentralized exchanges, and blockchain protocols shaping crypto economies.

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What streamlines global commerce? Examine digital wallets, cross-border remittances, and instant settlement technologies.

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With fresh mandates, pilot projects, and corporate license bids, stablecoins are shedding their crypto roots to reshape how money moves.

Hong Kong’s stablecoin regime takes shape as China eyes alternatives to dollar-based payments

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The deal grants China Literature a 10% stake in the plush toy maker and sets the stage for co-developing original collectible IPs.

Softopia secures first external investment through China Literature deal

Huawei, a global telecom and smartphone vendor, delivers networking equipment, 5G solutions, and consumer devices integrating cutting-edge tech.

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Chinese telecom gear suppliers look to capture growing demand in the Global South.

Huawei and ZTE take AI to Belt and Road, shrugging off US sanctions

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Meituan to open food safety kitchens

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