NewsDouyin reshapes strategy to cut merchant costs as GMV growsOcean Engine has been folded into Douyin E-commerce as part of the move. 3 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Nvsion secures funding from Cambrian, Naver invests in GravityLabs, five China startups raise capital, and more4 mins read
Smaller players are launching affordable models in a fight for survival amid an overcapacity struggle. NewsChina’s automotive price war rages on despite regulatory crackdown3 mins read
Already active in several markets, the startup expects to exceed RMB 100 million in GMV by year’s end. NewsMova raises funding to build power tools for professionals and hobbyists3 mins read
After two decades shaping wireless and consumer tech, he now leads one of the world’s top EV battery suppliers. NewsHuawei and Honor veteran Wan Biao takes charge at Envision AESC3 mins read
The incident adds reputational pressure at a time when the brand is already contending with slowing growth. NewsArc’teryx faces backlash in China after fireworks stunt in Tibet3 mins read
Wang Zhan steps in as co-CEO, betting on Sunrise to develop chips that can take on Nvidia. NewsBaidu veteran joins SenseTime spinoff Sunrise to compete in AI chip race6 mins read
The service aims to drive traffic to merchants while giving diners more choice. NewsTaobao Shangou adds in-store group buying with Alipay and Amap integration3 mins read
The move boosts control over pricing and customization, giving the EV maker a stable, branded supply of core components. NewsLi Auto enters battery production with SEVB joint venture4 mins read
NewsDeals in brief: Roojai raises Series C funding, Cove acquires Casa Mia Coliving, nine China investments, and more
