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Chinese AI talent is weighing whether to stay, or return home.

Wook’s revenue topped RMB 1 billion in 2024 as it expands beyond Indonesia across Southeast Asia.

The Nasdaq-listed company’s shares fell on concerns about commission revenue.

Bringing you the latest updates on funding and investment activity across the Asia Pacific.

The deal extends Airwallex’s model of entering regulated markets through local license holders, reducing friction.

Overseas acquisitions are lifting the sportswear group’s profile, but competition in China is tightening.

The raise underscores consolidation taking shape across China’s AI sector.

The funding will support continued investment in chips designed to improve inference efficiency at scale.