Mobility

ZongMu sees services like vehicle charging and car-washing as add-ons to its autonomous valet parking function.

The startup aims to produce 7nm chips specifically for automobiles, competing with big names like Qualcomm, Nvidia, and Samsung.

As companies reduce per kilometer payments and incentive schemes, couriers for large tech companies’ logistics services are refusing orders.

As domestic travel increases, budget hotel startups are answering staycation and local business travel demand with midscale offerings in Southeast Asia.

The company aims to raise up to USD 4 billion in its float.

China’s desire to tighten control over massive troves of user data poses challenges for the country’s tech players in mapping, ride-hailing, and autonomous driving sectors.

Shouqi bills itself as an upscale, exclusive ride provider with government backing and connections.

The company has appointed Christopher Bousigues as country manager.