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Huya reported RMB 1.51 billion in Q1 2025 revenue, nearly flat YoY, as gains in game-related services offset declines in live streaming. Net income fe…

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Once mistaken for a foreign brand, Pelliot is now bound for an IPO as one of China’s top outdoor apparel labels.

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The Tencent-backed company is recasting itself as a broader gaming platform amid tepid market conditions.

Huya’s streaming revenue dips as it shifts toward AI and gaming services

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Huya reported RMB 1.51 billion in Q1 2025 revenue, nearly flat YoY, as gains in game-related services offset declines in live streaming. Net income fell sharply to RMB 927,000 from RMB 71 million a year earlier, while non-GAAP profit dropped 74%.

<a href="/company/tiktok">TikTok</a> has expressed willingness to discuss its Brazil operations with officials, following calls for tighter regulation after the death of an eight-year-old girl, allegedly linked to a TikTok challenge, raised concerns about risks to women and children.

<a href="/company/huawei">Huawei's</a> chip unit HiSilicon doubled its revenue in 2024, boosted by its return to the premium smartphone segment with the Kirin-powered Pura 70 and Mate 70. Counterpoint Research said HiSilicon now holds 12% of the global Android SoC market but faces continued pressure from US trade curbs and competition from Qualcomm and MediaTek.

<a href="/company/nvidia">Nvidia</a> said it is not sending GPU designs to China, pushing back on reports it might do so amid <a href="https://kr-asia.com/pulses/153570">plans for a new R&amp;D center</a> in Shanghai. The company confirmed it is leasing space for staff but stressed that no IP will be transferred. China remains a key market for Nvidia and other chipmakers despite mounting regulatory uncertainty.

<a href="/company/tiktok">TikTok</a> has introduced in-app meditation exercises aimed at promoting sleep and reducing screen time for users under 18. The features activate during late hours and interrupt usage after 10 p.m, and are being rolled out as the platform faces lawsuits and criticism over its mental health impact on teens.

<a href="/company/baidu">Baidu’s</a> AI search now features “DeepSearch,” a deep retrieval tool powered by a ten-billion-entry content base. It is designed to mimic human reasoning by breaking down queries and refining results through multi-step analysis. Unlike similar tools from OpenAI or Google, DeepSearch is reportedly free to use without limits.

<a href="/company/byd">BYD</a> has signed an agreement with Hungary to establish its European headquarters and a new R&amp;D center in Budapest. The company plans to collaborate with local universities and suppliers, offer job training, and create thousands of jobs, aiming to strengthen Hungary’s role in the global EV supply chain.

WeRide has begun trial operations of fully driverless robotaxis in Abu Dhabi. The pilot expands coverage to Al Maryah and Al Reem Islands, building on existing routes serving Yas Island and Zayed International Airport. It also follows WeRide’s receipt of a UAE self-driving vehicle license in 2023 and its partnership with Uber since 2024.

<a href="/company/nvidia">Nvidia</a> is planning a new R&amp;D center in Shanghai to adapt AI chip development to US export restrictions and support local market needs. CEO Jensen Huang discussed the project with Shanghai’s mayor last month and has warned that exiting China could cede ground to domestic rivals like <a href="/company/huawei">Huawei</a>.

<a href="/company/geely">Geely</a> plans to launch 3–4 new car models this year and expand exports, with 1–2 models slated for Q4 2025 and a six-seat Galaxy SUV set to debut in Milan. The rollout builds on a strong Q1, which saw NEV sales reach 339,000 units and Galaxy sales, led by the E8, more than triple YoY.

<a href="/company/xiaomi">Xiaomi</a> founder Lei Jun announced on <a href="https://weibo.com/1749127163/PrYfduSL4?pagetype=profilefeed">Weibo</a> that the company will launch its XringO1 mobile chip in late May. Designed in-house using Arm architecture and manufactured by TSMC on a 3-nanometer process, the chip is intended for premium phones and tablets as Xiaomi ramps up competition with Apple and Huawei’s custom silicon.

Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

ByteDance, a Chinese internet company, uses machine learning to recommend engaging videos, news, and social content (via TikTok and Douyin).

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The end of the de minimis import duty exemption has dealt a heavy blow to Chinese vendors.

US tariffs force China's e-retailers to revamp overseas sales model

US tariffs force China&#8217;s e-retailers to revamp overseas sales model

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By rethinking overlooked tools, Cocinare is bringing specialty brewing into homes—and onto Amazon’s bestseller lists.

What if your coffee gear had algorithms? Cocinare is brewing that future now

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Huya posts flat Q1 revenue, net income dips

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US tariffs force China’s e-retailers to revamp overseas sales model

Huya’s streaming revenue dips as it shifts toward AI and gaming services

What if your coffee gear had algorithms? Cocinare is brewing that future now