Bringing you the latest updates on funding deals and activities in the Asia Pacific.

The Shenzhen-based startup’s first product is an exploration camera inspired by the “One Hundred Thousand Whys” encyclopedia series.

The launch comes as Alibaba consolidates its model lineup under a single brand.

Managing partner Shan Fu says the firm can generate stronger returns through its asset-centric accelerator model.

Mainland carmakers are using the city as a platform for global expansion.

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

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

Elon Musk previously said the cost of LiDAR technology makes anyone relying on it “doomed.”