Audi partners with SAIC under a new China-focused model to build EVs, echoing a broader shift among global automakers. InsightsCan prioritizing China reverse the ailing fortunes of luxury car giants BBA?7 mins read
Secondhand luxury platform Plum is the latest to fold into a bigger player as China’s consumer investment dries up. NewsZhuanzhuan’s takeover of Plum adds to China’s consolidation wave as venture capital cools2 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Truely and Jazro raise funding, IFC invests in First Circle, OpenAI closes massive USD 6.6 billion round, and more5 mins read
AI’s rise has exacerbated the scramble for renewable power supplies from Taiwan to Vietnam to Malaysia. InsightsGreen energy realities threaten Asia’s tech dreams11 mins read
Xpeng Motors is racing to meet demand for its Mona M03 after orders exceeded 100,000 units. NewsXpeng ramps up production as Mona M03 orders surpass expectations4 mins read
Months after Kuaishou’s Kling AI launched to much acclaim, ByteDance has followed up with two new AI video generation models. FeaturesByteDance enters AI video race with Doubao’s PixelDance and Seaweed7 mins read
After a strong start in 2024, Douyin’s life services business faces new challenges in maintaining its momentum. NewsWith RMB 320 billion in sales, Douyin’s life services business still faces uphill growth battle3 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Indonesian startup Broom lands Series A+ funding, Mitsui invests in US-based Numa, latest India deals, and more3 mins read
Sipjoy was one of nine Southeast Asian startups chosen to present at Alibaba Cloud’s demo day during Apsara Conference 2024 in Hangzhou, China. EventsMalaysia’s Sipjoy takes top prize at Alibaba Cloud Startup Demo Day with AI solutions for local coffee shops4 mins read
China is pushing to expand vehicle-to-grid technology, turning electric cars into mobile power banks, but challenges loom large. InsightsWhy China is betting on V2G to stabilize its overworked power grid7 mins read