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Meituan

China’s own Tesla Optimus? Beijing’s ambitions in humanoid robots in full display at expo

by Anas Siddiqui
China’s own Tesla Optimus? Beijing’s ambitions in humanoid robots in full display at expo

Agibot – founded by Li Zhihui, a Huawei Technologies alumnus who aims to create humanoid robots rivalling Tesla’s Optimus –unveiled several examples powered by large language models (LLMs), the technology …

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Alibaba’s long-awaited China stock link may provide timely boost

by Anas Siddiqui
Alibaba’s long-awaited China stock link may provide timely boost

Chinese investors finally being able to buy shares of Alibaba Group Holding may provide a much-needed boost for the e-commerce firm’s stock, with an inflow of up to about US$20 …

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Meituan launches 30-minute delivery services for home appliances in China in Midea deal

by Anas Siddiqui
Meituan launches 30-minute delivery services for home appliances in China in Midea deal

Chinese food delivery giant Meituan has partnered with Midea, one of the world’s largest home appliances makers, to enable app users to order products ranging from refrigerators to dishwashers and …

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ByteDance cracks down on corruption, bribery amid 125 cases reported in first half of 2024

by Anas Siddiqui
ByteDance cracks down on corruption, bribery amid 125 cases reported in first half of 2024

The hardline stance by the world’s largest unicorn shows the lengths it is taking to retain and attract talent, as the company boosts productivity and continues to restructure its operations …

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Tech war: Huawei sees HarmonyOS breaking the dominance of Android and Apple’s iOS in China

by Anas Siddiqui
Tech war: Huawei sees HarmonyOS breaking the dominance of Android and Apple’s iOS in China

That iteration, called HarmonyOS Next, will be a “China-originated, independent and controllable” operating system, Richard Yu Chengdong, chairman of Huawei’s consumer business group, said at the company’s developer conference on …

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Huawei’s HarmonyOS gears up for faster expansion on back of major apps WeChat and Douyin

by Anas Siddiqui
Huawei’s HarmonyOS gears up for faster expansion on back of major apps WeChat and Douyin

Shenzhen-based Huawei is close to reaching a deal with Tencent to make its super app WeChat fully operational on HarmonyOS without sharing any revenue, according to a report by Bloomberg …

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China’s venture capital ‘godfather’ Neil Shen exits board of food delivery giant Meituan

by Anas Siddiqui
China’s venture capital ‘godfather’ Neil Shen exits board of food delivery giant Meituan

Shen, 56, retired from that role owing to “other business commitments”, and there is no disagreement between him and the Beijing-based company’s board, according to Meituan’s filing to the Hong …

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Shanghai’s Yangpu district eyes smaller tech firms to complete its growing digital ecosystem

by Anas Siddiqui
Shanghai’s Yangpu district eyes smaller tech firms to complete its growing digital ecosystem

Xue Kan, the Communist Party secretary for Yangpu, once known for its heavy industries, told reporters at a media briefing on Friday that the district is trying to achieve a …

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Beijing’s art scene eyes global revival with Gallery Weekend Beijing in 798 Art District

by Haddis Thomas
Beijing’s art scene eyes global revival with Gallery Weekend Beijing in 798 Art District

As big signboards around the city declare, the 798 Art District wants to be “The Global Art Destination”. 798 Art District was hoping to lure back international visitors by holding …

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China’s consumers are spending on experiences. Travel stocks to watch

by Walter Watson
China’s consumers are spending on experiences. Travel stocks to watch

China’s biggest food delivery platform is seeing a trend: more spending on experiences. “More and more consumers are willing to allocate a larger portion of their budget to travel,” Wang …

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