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<a href="/company/tencent">Tencent</a> is set to become the largest shareholder of <a href="/industry/ai">AI</a> developer Manus as Meta unwinds its acquisition of the startup following Beijing’s intervention. Tencent has been working with Manus’ original investors on an alternative ownership arrangement.

Meizu said on August 14 that it will maintain existing JD.com prices for its Note 16 and Meizu 22 smartphones despite rising memory chip costs. The models will also remain eligible for national purchase subsidies.

<a href="/company/luckin-coffee">Luckin Coffee</a> said cumulative sales of its coffee liquid products reached 900 million cups as of July 1. With same-store sales at company-operated outlets declining for three consecutive quarters, Luckin is expanding its prepackaged coffee business, which generated RMB 2.32 billion in revenue in 2025, as it seeks growth beyond its roughly 36,000-store network.

Honor and Douyin established a joint laboratory on August 14 to work on user experience, smart connectivity, and AI innovation. The partnership builds on existing integrations between Douyin and Honor’s MagicOS, including visual search and long-video analysis features.

<a href="/company/chery">Chery</a> has assigned executive vice president Zhang Guibing oversight of its Exeed brand, taking over responsibility from Li Xueyong. Zhang, who also leads Chery’s international business, will report to executive vice president Zhang Guozhong. The change comes as Exeed’s domestic sales remain under pressure while overseas sales provide much of its volume.

Bambu Lab has partnered with indoor playground operator Meland to introduce 3D printing centers in more than 10 Chinese cities. The collaboration brings consumer 3D printers into family-focused mall venues, allowing children and parents to design and print objects on-site as Bambu Lab expands beyond its traditional enthusiast market.

<a href="/company/pony-ai">Pony.ai</a> and Uber plan to deploy more than 2,000 robotaxis across Europe under an expanded partnership. The companies will extend their collaboration from Zagreb to four additional European cities, combining Pony.ai’s Level 4 <a href="/industry/autonomous-vehicles">autonomous driving</a> technology with Uber’s mobility platform.

Malaysia has imposed conditions on BYD’s planned local assembly operation, including a cap of 10,000 vehicles a year for domestic sales and a minimum on-the-road price of MYR 100,000. The measures are intended to make the project export-oriented while preserving market space for domestic automakers Proton and Perodua.

Faraday Future reported an H1 2026 net loss attributable to shareholders of USD 74.89 million, narrowing 44.51% YoY. The company cut total liabilities to USD 278 million after reducing debt by more than USD 100 million and secured USD 70 million in new funding commitments. It also regained compliance with Nasdaq’s minimum bid price requirement.

Hua Hong Semiconductor reported record Q2 revenue of USD 717.5 million, up 26.8% YoY. Profit attributable to owners rose 385.9% to USD 38.64 million, while capacity utilization reached 102.8%. The company also received regulatory approval for its planned acquisition of Huali Micro.

<a href="/company/jd">JD.com</a> has deployed its X1 temperature-controlled delivery boxes in Beijing’s Yizhuang district, marking what it describes as China’s first large-scale rollout of the system. The boxes have separate hot and cold compartments, ultraviolet sterilization, and sealed designs to preserve food quality. JD is also expanding the system to Suzhou, Jinhua, and Suqian.

DJI sets industry standards in drone technology, offering aerial imaging, filming solutions, and advanced flight controls for professionals and hobbyists.

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What hovers over new frontiers? Explore drone logistics, aerial data collection, and surveillance tools shaping multiple industries.

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Growing demand for civilian applications like farming in the Global South has offset a drop in US sales.

Chinese drone exports take off in Southeast Asia, other emerging markets

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WeRide refines autonomous vehicle software, deploying AI-driven solutions that improve road safety, efficiency, and future-ready mobility.

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Revenue jumped in the first half of 2026 as WeRide scaled its robotaxi fleet, expanded its pipeline, and pushed deeper into overseas markets.

WeRide’s two growth drivers accelerate as global robotaxi expansion gathers pace

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Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

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