T. K. Lin

The JD.com subsidiary plans to use proceeds to expand its global infrastructure network as revenue rises and losses narrow.

The deal extends Airwallex’s model of entering regulated markets through local license holders, reducing friction.

The raise underscores consolidation taking shape across China’s AI sector.

The funding will support continued investment in chips designed to improve inference efficiency at scale.

The ODM plans to deploy IPO proceeds to parlay its capabilities into emerging categories, including smart glasses.

The Beijing-based startup is set for a valuation increase as investor interest in Chinese AI companies strengthens.

The Hunan-based snack retailer aims to raise up to USD 500 million as Hong Kong’s IPO pipeline picks up speed.

Through its Apollo Go unit and local partner AutoGo, the company is rolling out commercial robotaxi operations in the UAE capital.

Zhang Yong is back at the helm of the hotpot chain, aiming to steady the business amid a tougher dining market.