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ByteDance’s global e-commerce push lifts revenue as AI costs mount

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Xiaomi to avoid low-cost EV segment

just now
IT Zhijia
Xiaomi will not launch EVs priced below RMB 100,000 in the coming years, CEO Lei Jun said, citing higher costs from advanced smart features. He made the remarks during a live stream of the SU7 endurance challenge.

Honda to launch China-made EV in Japan

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Nikkei Asia
Honda is launching its China-made Insight EV in Japan on April 17, marking the first such move by a local automaker. The model offers up to 535 kilometers of range, priced at JPY 5.5 million, with 3,000 units planned for sale.

UnionPay partners Ant on payments

just now
IT Zhijia
China UnionPay and Ant Group have formed a partnership to expand payment collaboration, including new terminals integrating multiple payment methods and joint efforts in consumer subsidy programs and services.

Alibaba ATH launches Happy Oyster

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Sina
Alibaba’s ATH unit has opened early access for Happy Oyster, an interactive world model that supports real-time environment creation. The launch expands its AI lineup beyond video generation after its HappyHorse model.

Dreame unveils Navo products

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36Kr
Dreame unveiled products from its Navo brand at the 2026 Canton Fair, reporting over RMB 60 million in orders within six months. The lineup features a self-developed security chip and AI platform.

Xpeng unveils GX SUV, opens presales

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Xpeng
Xpeng unveiled its GX flagship SUV and opened presales at RMB 399,800. The model offers pure electric and range-extended versions, with up to 750 kilometers of EV range and 1,585 kilometers of combined range, built on its SEPA 3.0 platform.

Douyin launches short drama fund plan

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DoNews
Douyin has launched a RMB 500 million plan to support live-action short dramas, introducing incentive policies and a creator platform to improve revenue transparency. The initiative aims to boost content production and lower barriers for creators.

Alibaba unveils Meoo coding tool

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PingWest
Alibaba Cloud has launched Meoo, a development tool that enables users to build full-stack apps via natural language. Integrating multiple AI models, Alibaba said the platform can generate simple apps in about one minute and is already used by over 10,000 internal staff.

Gmarket expands via Lazada reach

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36Kr
Gmarket reported double-digit GMV growth after its 2025 joint venture with Alibaba. As of December 2025, about 7,000 sellers on its platform reached 160 million Southeast Asian consumers via Lazada, listing over 1.2 million products.

Alibaba launches Qwen S1 glasses

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Shanghai Securities News
Alibaba launched its Qwen S1 AI glasses on April 15, with prices starting at RMB 3,499. The device includes a display, 12-megapixel camera, and swappable battery, and supports AI-driven tasks such as QR payments, bike unlocking and food ordering via voice commands.

Cainiao launches ZeeBot in China

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Sina
Cainiao has unveiled its ZeeBot climbing robot for warehouse operations, with over 100 units already deployed in a Guangdong warehouse. The company said the system doubles storage efficiency and plans to expand the technology to overseas markets.

China plans fines for e-commerce firms

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Nikkei Asia
Beijing plans to fine major e-commerce platforms over food delivery safety issues, with Pinduoduo expected to face about RMB 1.5 billion, the largest penalty, sources said. Douyin, Taobao, JD.com, and Meituan could face penalties ranging from RMB 50–700 million.

BYD reports Shenzhen garage fire

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Nikkei Asia
BYD said a fire broke out on April 14 at a Shenzhen garage storing test and scrapped vehicles. The blaze was extinguished with no casualties reported, the company said.

GAC launches Aion UT in Europe

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GAC
GAC launched its Aion UT EV in Milan on April 13, marking its European debut. Designed in Italy and produced in Austria with Magna, the model expands GAC’s localized strategy following the Aion V, with broader rollouts planned across Europe.

Amap to debut first quadruped robot

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Amap
Alibaba’s Amap will debut its first embodied robot, a quadruped, at upcoming events including a half marathon. The division, set up in January, has released ABot-M0 and ABot-N0 models and said quadruped and humanoid robots are part of its product roadmap.

Mixue opens first Brazil store

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Reuters
Mixue Bingcheng opened its first Brazil outlet in Sao Paulo and plans to invest about BRL 3 billion to reach 500–1,000 stores by 2030, CEO Tian Zezhong said. The launch coincides with a surge in Chinese investment in Brazil, which hit USD 4.2 billion in 2024 across 39 projects.

Freelander completes cold weather test

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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

just now
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.
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