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CATL’s planned Hong Kong IPO comes as the company expands beyond EV batteries into charging robots. Its CharGo unit aims to deploy up to 15,000 units …

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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.

Budget brand no more? Pelliot readies Hong Kong IPO after profit surge

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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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<a href="/company/catl">CATL’s</a> planned Hong Kong IPO comes as the company expands beyond EV batteries into charging robots. Its CharGo unit aims to deploy up to 15,000 units globally by 2026, targeting leadership in China’s mobile charging market. EV batteries accounted for around 70% of its 2024 revenue.

At a May 18 event, <a href="/company/catl">CATL</a> chairman Robin Zeng said electric heavy trucks could account for 50% of China’s market by 2028, up from 10% in 2024. His remarks came alongside the launch of a new standard swappable battery for medium- and heavy-duty trucks.

Chinese esports firm NIP Group will establish its global headquarters in Abu Dhabi under a five-year agreement, aiming to tap broader markets. Co-founder Hicham Chahine said the UAE base offers strategic access to diverse gaming regions as the company works toward profitability.

<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.

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/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.

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).

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

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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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CATL targets rollout of charging robots

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