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<a href="/company/netease">NetEase’s</a> Q2 2025 revenue rose 9.4% YoY to RMB 27.9 billion, driven by a 13.7% increase in <a href="/industry/gaming">gaming</a> sales to RMB 22.8 billion. Profit reached RMB 8.6 billion, while non-GAAP net income was RMB 9.5 billion, supported by new global launches, strong franchise performance, and upcoming original titles in development.

<a href="/company/xpeng">Xpeng Motors</a> and Volkswagen have expanded their electrical and electronic architecture collaboration beyond <a href="/industry/ev">EVs</a> to include ICE and PHEV platforms in China. The companies said the move will enable faster updates, shorten development cycles, and deliver economies of scale while enhancing competitiveness in <a href="/collections/china-automobile">China’s automotive market</a>.

China’s cosmetics exports rose 12% YoY in H1 2025 to RMB 18.7 billion, with the US, UK, Indonesia, the Netherlands, and Japan as top destinations, according to customs data. Euromonitor data was cited as showing a 115% CAGR for Chinese brands in Southeast Asia’s mass skincare market from 2019–2024, driven by cost-effectiveness and platforms such as <a href="/company/shopee">Shopee</a>, <a href="/company/lazada">Lazada</a>, and <a href="/company/tiktok">TikTok</a>.

<a href="/company/alibaba">Alibaba</a> has released Accio Agent, an <a href="/industry/ai">AI</a>-driven tool it said is intended to automate up to 70% of product sourcing and development tasks. Built on its Qwen model and trained on one billion product listings and 50 million supplier profiles, the system can reportedly generate designs, market insights, and compliance advice within minutes.

<a href="/company/geely">Geely’s</a> Zeekr posted an operating profit of RMB 285 million in Q2 2025, swinging from a loss a year earlier, as vehicle margin rose to 17.3% from 11.5%. Deliveries rose 9.3% YoY to 130,866 units, aided by cost cuts, while vehicle sales increased 2.2% to RMB 22.92 billion. The company launched its Zeekr 9X plug-in hybrid SUV and is focusing on new models and overseas expansion.

<a href="/company.jd">JD.com’s</a> Q2 2025 revenue rose 22.4% YoY to RMB 356.7 billion, with JD Retail up 20.6% and operating margin reaching 4.5%, a record for a promotion quarter. Net profit dropped 51% to RMB 6.2 billion as higher investment in new businesses, including food delivery, increased costs.

<a href="/company/bytedance">ByteDance’s</a> Hongguo app reached 212 million monthly active users in June 2025, up 179% YoY and surpassing Youku for the first time. The short drama platform, China’s most downloaded app in May, is adding paid memberships, expanding content formats, and exploring overseas markets.

Foxconn (Hon Hai Precision) reported Q2 2025 revenue of TWD 1.79 trillion, up 16% YoY, while net profit rose 27% to TWD 44.4 billion, both record highs for the period. <a href="/industry/ai">AI</a> server sales climbed over 60% YoY, with Q3 revenue from the segment projected to grow more than 170%. The company maintained its full-year growth outlook on sustained AI demand.

AliExpress has expanded its overseas fulfillment service to Mexico, enabling merchants to store goods locally and gain homepage promotion. Already available in the US, UK, Spain, Germany, and Poland, the program aims to shorten delivery times and enhance merchant visibility.

<a href="/company/deepseek">DeepSeek</a> has reportedly delayed its R2 model launch after unsuccessful training runs on <a href="/company/huawei">Huawei’s</a> Ascend chips, opting to use <a href="/company/nvidia">Nvidia</a> hardware while continuing to use Ascend for inference. The delay highlighted China’s chip performance gap with US rivals, slowed market momentum, and was compounded by extended data labelling.

Weibo’s Q2 2025 revenue rose 2% YoY to USD 444.8 million, driven by growth in advertising and marketing sales to USD 383.4 million. Profit reached USD 125.7 million, with non-GAAP net income of USD 143.2 million. The platform had 588 million MAUs and 261 million DAUs in June.

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By building for overlooked niches in the fitness industry, Aeke now ships hundreds of units each month.

With smart fitness machines, Aeke finds profit where others saw no market

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Describing VLA models as “relatively dumb,” he outlined an alternative approach to embodied intelligence.

Unitree’s founder disputes VLA consensus, backs video-trained models for robotics

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Deals with IM Motors and Uber are already in place as the company ramps up its international rollout.

NetEase's gaming sales climb in Q2

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