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As Singles’ Day nears, what’s expected of Taobao Shangou?

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Pulses

Japan automakers brace for Nexperia fallout

just now
Bloomberg
Nexperia has warned Japanese automotive customers that it may not be able to guarantee chip supply, raising concern over global production risks. Japan’s automaker association said members are working to limit disruption. The notice follows the Dutch government’s takeover of Nexperia from Chinese parent Wingtech amid escalating US-China trade tensions.

Tesla recalls Cybertrucks over light issue

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Reuters
Tesla is recalling 63,619 Cybertrucks in the US after regulators found a software issue that made the front parking lights too bright, posing a hazard to oncoming drivers. The NHTSA said Tesla issued an over-the-air fix at no cost, following another recall of nearly 13,000 Model 3 and Model Y vehicles.

ByteDance unveils Seed3D generative model

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ByteDance
ByteDance’s Seed team has unveiled Seed3D 1.0, a 3D generative model designed to advance world simulation and embodied intelligence. Built on a diffusion transformer framework, Seed3D can generate high-fidelity geometry, textures, and PBR (physically based rendering) materials from a single image, showing strong performance and compatibility with Nvidia's Isaac Sim.

Honor’s AI spending tops RMB 10 billion

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Cailian Press
Honor chairman Wu Hui said at a company conference that AI is reshaping the device ecosystem and driving human-computer interaction through natural language. Describing intelligent agents as a new “super entry point,” he said Honor has invested more than RMB 10 billion in AI R&D.

Huawei debuts HarmonyOS 6 in China

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SCMP
Huawei has launched HarmonyOS 6 in China, introducing direct file transfers between Huawei and Apple devices for the first time. The update, available on more than 90 models including the Mate 70 and Pura 80, adds new AI features and agent tools as Huawei works to strengthen its position against Android and iOS.

Tesla shares fall as Musk touts robots

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CNBC
Tesla shares fell more than 3% after its Q3 2025 earnings call omitted updates on vehicle demand, margins, or new models. CEO Elon Musk instead focused on robotaxis and humanoid robots, saying Optimus has the potential to be Tesla’s “biggest product of all time.” The company added its FSD system contributed less than 2% of quarterly revenue.

Emaar eyes US, China for expansion

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Semafor
Emaar Properties founder and chairman Mohamed Alabbar said the Dubai developer is exploring expansion into the US and China. Speaking at a Reuters conference, he cited housing shortages in cities such as California and New York as entry opportunities while reaffirming confidence in China’s long-term growth prospects.

Meta cuts hundreds of AI roles

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Axios
Meta is said to be cutting about 600 positions from its AI division, including its FAIR (Facebook Artificial Intelligence Research) and product AI teams, while continuing to expand its TBD Lab. Chief AI officer Alexandr Wang said the restructuring aims to streamline decision-making and increase individual impact.

Hong Kong approves first Solana ETF

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SCMP
Hong Kong has approved its first ETF tracking Solana, launched by ChinaAMC. The Asia-first Solana ETF, set to begin trading on October 27 in HKD, RMB, and USD, directly holds the token to mirror its performance. The move highlights Hong Kong’s effort to cement its digital asset hub status amid growing regional scrutiny.

Gushine opens Vietnam battery base

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Gushine Electronics
Gushine Electronics has opened a 22,000-square-meter lithium battery manufacturing base in Hai Phong, Vietnam. The automated facility will produce industrial and commercial battery packs valued at about USD 100 million annually and create up to 500 jobs.

Alibaba’s Quark drives new AI initiative

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Sina
Alibaba’s Quark unit is reportedly advancing an AI initiative known internally as project "C," led by its core team with senior input from Tongyi Lab. Sources said the project focuses on conversational AI and will unveil initial results soon. The codename may derive from “Chat” or the game Pac-Man, suggesting competition with ByteDance's Doubao.

Leju Robotics raises USD 200 million ahead of IPO

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Bloomberg
Shenzhen-based Leju Robotics has raised more than USD 200 million ahead of a planned listing, attracting investors including CITIC Goldstone Investment and Shenzhen Investment Holdings. The funds will support new robot development and production scaling as Leju deepens partnerships with Huawei, Alibaba, Haier, and other firms.

Innovent, Takeda ink USD 11.4 billion deal

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WSJ
Chinese drugmaker Innovent Biologics has signed a partnership with Japan’s Takeda Pharmaceutical worth up to USD 11.4 billion to co-develop and commercialize two cancer therapies. The deal includes USD 1.2 billion upfront, as much as USD 10.2 billion in milestone payments, and a USD 100 million equity investment.

Baidu partners PostBus to launch AmiGo service

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Baidu
Baidu’s Apollo Go has partnered with Swiss transport operator PostBus to launch AmiGo, an autonomous ride-hailing service in Switzerland’s eastern cantons. Trial runs are set to begin in December 2025 using Baidu’s Level 4 RT6 EVs, with fully driverless operations targeted for early 2027. The partnership marks Apollo Go’s European debut and supports Switzerland’s smart mobility goals.

Shengshu unveils rival to OpenAI’s Sora

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SCMP
Beijing-based Shengshu Technology has unveiled Vidu Q2, a video generation model designed to rival OpenAI’s Sora. The system enables users to create realistic, controllable clips by merging up to seven reference images into coherent scenes. Available globally, the model supports multiple video formats as Shengshu expands its multimodal AI portfolio.

Unitree unveils Go2 education platform

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SCMP
Unitree Robotics has launched an education platform that trains students to operate, maintain, and develop its Go2 quadruped robots. The in-person program combines simulation, hands-on training, and competition to build robotics skills and expand the talent pipeline, aligning with China’s push to accelerate AI and robotics education nationwide.

Ming Yang plans world’s largest wind turbine

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Bloomberg
Chinese turbine maker Ming Yang Smart Energy Group plans to build the world’s largest floating wind turbine: a 50-megawatt, dual-rotor model nearly twice the size of current designs. Mass production is slated to begin next year in Guangdong, with costs targeted at below RMB 10,000 per kilowatt.

Manus, Heicoders launch agentic AI course

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Manus
Manus and Heicoders Academy have launched what they say is Singapore’s first hands-on course in building and deploying AI agents. The six-week program incorporates Manus’ platform into Heicoders’ curriculum to train professionals in agent design, planning, and automation. Graduates earn a local certification and complete applied projects aligned with Singapore’s AI readiness goals.

Sea targets tenfold growth through AI

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Bloomberg
Sea founder Forrest Li reportedly told staff the company could reach USD 1 trillion in valuation as it accelerates its use of AI. In a memo marking Sea’s eighth year as a listed firm, Li compared AI’s rise to earlier tech revolutions but cautioned that success will demand discipline and precise execution. His remarks come as Sea expands across Southeast Asia and Brazil.

Weibo suspends influencers over false posts

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Jiemian News
Weibo said it has suspended several automotive-focused influencers for spreading false or defamatory posts about companies, imposing 90-day bans and restricting ad revenue for six months. The action is part of a campaign by the Cyberspace Administration of China to curb online smear campaigns and protect business reputations.
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Events

GITEX Global 2025 wraps in Dubai with strong turnout and new editions on the horizon

The 45th edition of GITEX Global and its sister event, Expand North Star, drew tens of thousands of participants to Dubai.

4 mins read
  • Insights

    Is Yunfeng Financial becoming Jack Ma’s next Ant Group?

    5 mins read

Venture RoundupVenture Roundup

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    Deals in brief: Accel backs Pave Bank, Endowus raises over USD 70 million, Hangry completes Series A5 round, and more

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    Retail and CommerceRetail and Commerce

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    Icon for Casual ChroniclesCasual Chronicles

    100 AI Creators100 AI Creators

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