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Gree’s earnings cool while Xiaomi heats up China’s air conditioner race

Once the dominant name in China’s AC market, Gree is feeling pressure as rivals like Xiaomi close the gap.

6 mins read
  • Unlike Alibaba, Tencent is scaling back capital outlays even as it reports strong earnings.

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    Tencent tempers AI spending as profits rise for a twelfth straight quarter

    3 mins read

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