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Bilibili posts first full year of GAAP profit as ad business strengthens

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Tsing Micro starts A-share IPO

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IPO Zaozhidao
Tsing Micro has begun its A-share IPO process after signing a listing guidance agreement with Huatai United Securities on February 25. The company develops reconfigurable processing unit (RPU) chips for AI and edge computing, with cumulative shipments exceeding 30 million units.

NetEase to halt Nagoshi Studio funding

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Bloomberg
NetEase will stop funding Nagoshi Studio, the Japanese developer founded by Yakuza creator Toshihiro Nagoshi, from May. The move follows a review showing the studio’s first game would require at least JPY 7 billion in additional funding as NetEase scales back global game investments.

ZTE profit drops despite revenue rise

just now
SCMP
ZTE reported 2025 revenue of RMB 134 billion, up 10.4% YoY, but net profit fell 33.3% to RMB 5.62 billion as telecom operator spending slowed. Its computing business surged 150% and accounted for 24.6% of total sales as the company expands AI infrastructure.

BYD unveils nine-minute EV battery

just now
Nikkei Asia
BYD has unveiled an updated blade battery that can charge from 10% to 97% in about nine minutes, which it said is the fastest for mass produced EVs. The LFP battery will debut in 11 models, while the company plans to install 20,000 ultra fast 1,500-kilowatt chargers across China by 2026.

Tencent enables OpenClaw QQ bots

just now
IT Zhijia
Tencent has enabled official integration between QQ and the OpenClaw AI agent platform, allowing users to create QQ bots. Each account can generate up to five bots, which can send and receive multimedia messages and execute agent tasks after a quick setup.

Shanda founder bets USD 2 billion on AI

just now
Bloomberg
Shanda founder Chen Tianqiao said he is investing more than USD 2 billion to develop “discoverative AI,” a system designed to generate new knowledge by combining long-term memory, causal reasoning, and predictive modeling. The initiative also includes AI infrastructure, startup incubation, and brain research partnerships in the US.

Mixue pilots freshly ground coffee

just now
Jiemian News
Mixue Bingcheng is piloting freshly ground coffee in selected stores, people close to the company said. The trial includes automatic coffee machines, new coffee drinks, and upgraded beans and milk. Most Mixue outlets previously served drip-style coffee made from coffee powder rather than freshly ground beans.

CATL, Rio Tinto sign lithium pact

just now
CLS
CATL and Rio Tinto have signed a memorandum of understanding to collaborate on lithium supply, mining electrification, and battery material recycling. The partnership links Rio Tinto's expanding lithium resources with CATL’s battery technology as companies seek more secure supply chains for critical minerals used in energy transition.

WeRide resumes Dubai robotaxi ops

just now
21st Century Business Herald
WeRide said its robotaxi service in Dubai will resume after a March 1 suspension tied to regional tensions. The company plans to launch fully driverless commercial robotaxi operations in the city later this month with the Roads and Transport Authority (RTA) as Dubai pushes for autonomous transport to reach 25% of trips by 2030.

Tencent Cloud expands Germany footprint

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Tencent Cloud
Tencent Cloud will launch a new availability zone in Frankfurt in Q2, bringing its total in Germany to three and expanding infrastructure for cloud and AI services in Europe. The company said its international business has recorded double-digit growth for three years, with its overseas customer base doubling in 2025.

Cainiao launches Shein cross-border lanes

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Chwang
Cainiao has launched cross-border dedicated logistics lines for Shein sellers covering Europe, the US, Australia, New Zealand, Japan, and South Korea, with its US apparel route offering delivery in as fast as five days. The company also secured Shein's official certified warehouse status, operating more than 800,000 square meters of overseas warehouse space in 18 countries and regions.

Denso bids USD 8.2 billion for Rohm

just now
Nikkei Asia
Denso has made a takeover bid for Rohm that could value the Kyoto-based semiconductor group at up to JPY 1.3 trillion, sources said. Rohm has set up a special committee to assess the offer, and Denso may pursue a hostile bid if it is rejected. The deal would reshape Japan’s power semiconductor sector.

Li Auto plans factory robot launch

just now
21st Century Business Herald
Li Auto has built a humanoid robotics team, codenamed Nexus, and is preparing to launch a two-wheeled robot for factory use by mid-2026. The sub-30-member group is led by He Junpei, a former hardware partner at robotics startup Jiuguang, after CEO Li Xiang revived the project in late 2024 to focus first on hardware development.

Neolix suspends Abu Dhabi fleet

just now
Reuters
Neolix has suspended daily operations of its driverless delivery vehicles in Abu Dhabi, as geopolitical tensions in the region escalate. It said it is following local authorities’ unified requirements and prioritizing personnel and operational safety, and will resume and expand services once conditions permit.

Honda to import China-made EV

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Nikkei Asia
Honda will start selling a China-made EV in Japan as early as this spring, becoming the first Japanese automaker to bring a China-built electric model to its home market. The SUV-style e:N vehicle will be adapted for Japanese standards and sold under the Insight brand, offering about 500 kilometers of range per charge.

iFlytek reveals first AI glasses

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iFlytek
iFlytek unveiled its first AI glasses at MWC, introducing a 40-gram wearable that delivers real-time voice and visual translation, with subtitles displayed directly in the user’s field of view. The device uses lip-movement recognition to identify active speakers and reduce background noise in crowded settings, supporting multilingual meetings, negotiations, and cross-border communication.

Alibaba hires DeepMind researcher for Qwen

just now
SCMP
Alibaba has recruited Google DeepMind scientist Zhou Hao to lead post-training research for its Qwen AI models, replacing Yu Bowen, sources said. The hire follows the departure of Qwen technical lead Lin Junyang and comes as Alibaba consolidates its AI units and commits RMB 380 billion over three years to AI and cloud infrastructure.

Xiaomi to roll out annual phone chip

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CNBC
Xiaomi plans to release a new smartphone processor each year, president Lu Weibing said at MWC, following last year’s Xring O1 debut. The next chip will launch in China this year before expanding overseas. Xiaomi is also developing an AI assistant for international markets, potentially using Google's Gemini, ahead of its planned European EV rollout in 2027.

US reviews Tencent gaming stakes

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Financial Times
The White House is debating whether Tencent can retain stakes in Epic Games, Riot Games, and Supercell as President Donald Trump prepares to meet Chinese leader Xi Jinping in April. The review centers on potential data security risks tied to millions of US users, with officials divided over forcing divestitures or allowing the investments with safeguards.

Schaeffler partners Leju on robotics

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36Kr
Schaeffler has named Leju Robotics as its first embodied intelligence partner in China, with plans to collaborate on industrial applications, data training sites, and joint R&D. The partnership integrates Schaeffler’s precision component manufacturing with Leju’s humanoid robot platform and commercialization experience to accelerate large-scale deployment in factories.
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