Chairman Zhu Xingming says localized and integrated approaches are key for China’s manufacturers to meet global demand.

Ocean Engine has been folded into Douyin E-commerce as part of the move.

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

The proposed IPO would add to GEM’s Shenzhen and Swiss listings, with proceeds aimed at expansion and development.

After pool cleaning, the startup is expanding into AI-driven robotics for lawn care and other outdoor applications.

With ten million units sold, Hanvon Ugee’s XPPen has grown into the world’s second largest seller of pen displays.

Smaller players are launching affordable models in a fight for survival amid an overcapacity struggle.

Already active in several markets, the startup expects to exceed RMB 100 million in GMV by year’s end.