The financing is being viewed as a pre-IPO round, with Kling’s pre-money valuation equal to about two-thirds of Kuaishou’s market value.

The company is moving beyond traditional robots into higher-value systems designed for smart manufacturing.

Deployment matters more than spectacle, according to the company’s CEO.

The subscription test comes as ByteDance expands in MaaS and AI shopping.

Cockpit-driving integrated products sit at the center of the company’s pitch.

After reaching 1,000 stores, the brand sees little time left before competition hardens.

Operator EMT envisions a price similar to that of gasoline-powered kei cars.

The company has hired advisors and signed a guidance agreement, but said any RMB share issuance remains preliminary.