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Alice Ye

Senior editor with 15 years in news and financial media. Covers China's AI, electric vehicles, and robotics, with a focus on industry trends, technological innovation, and capital markets.

China's Tech Giants Bleed $14 Billion in Food-Delivery War With No Winner

China’s brutal, year-long food-delivery war is grinding to a halt, leaving behind a scarred landscape where tech giants burned nearly RMB 100 billion (US$13.9 billion) in profits with no single victor to claim the prize. The ceasefire follows a signal from China’s top market

BYD Profit Squeeze Forces 'Toyota-Style' Global Pivot as China Margins Erode

BYD faces a definitive strategic inflection point in 2026 as intensifying domestic price wars and regulatory headwinds erode its localized profitability, forcing the world’s largest electric vehicle maker to rely heavily on high-margin exports to sustain growth. The Shenzhen-based automaker reported fourth-quarter 2025 earnings that fell

ChinaBiz Briefing: Meituan’s Defensive Moat, Moonshot’s $18B IPO Bid, and the $12K LiDAR Revolution

The Big Picture: The era of "growth at all costs" is officially over for China’s platform economy, replaced by a ruthless focus on unit economics and capital efficiency. While Meituan retreats from subsidy wars to protect margins against Alibaba, the capital intensity of the AI arms race

Meituan Pivots to Profit Protection as Alibaba Cash War Erodes Delivery Dominance

Meituan is executing a calculated strategic retreat, sacrificing its near-monopolistic stranglehold on China’s food delivery market to stem hemorrhaging losses, betting that rival Alibaba Group Holding Ltd. will eventually blink in a cash-burning war of attrition. The Beijing-based delivery giant, once prioritizing scale at all costs,

Xpeng Anchors Latin American Expansion in Mexico, Planning Hybrid Shift to Combat Infrastructure Gaps

Xpeng Inc has formally entered the Mexican market, designating the country as the beachhead for a three-year aggressive expansion across Latin America. The move, executed on March 25, 2026, signals a strategic pivot for the Guangzhou-based automaker as it seeks growth outside the increasingly saturated European and Chinese

The Great Cost Divide in Humanoid Robotics: China vs. the US

A deep dive into the structural factors, supply chain dynamics, and technological strategies explaining why a humanoid robot from China can cost less than 10% of its American counterpart. The humanoid robotics industry is witnessing a dramatic price polarization. On one end, American pioneers like Agility Robotics price their industrial

Moonshot AI Weighs Hong Kong IPO at $18 Billion Valuation in 2026 Tech Surge

Moonshot AI, the Beijing-based developer of the Kimi chatbot, has initiated early-stage discussions for an initial public offering in Hong Kong, signaling a strategic pivot in China’s artificial intelligence sector, where capital intensity is driving unicorns toward public markets faster than anticipated. The startup is working with

DJI Undercuts Rivals with $387 Avata 360, Bringing 8K Panorama to Mass Market

DJI escalated the price war in the consumer drone sector on Thursday, releasing the Avata 360, a hybrid FPV (First-Person View) drone that integrates high-end VR content creation capabilities for a starting price of RMB 2,788 (US$387). The aggressive pricing strategy targets the intersection of the

Pony.ai Ramps Up Robotaxi Fleet to 3,000 Units in Aggressive 2026 Expansion

Pony.ai, a frontrunner in China’s autonomous driving sector, has outlined an aggressive expansion roadmap for 2026, targeting the deployment of 3,000 robotaxis across more than 20 cities. The strategic move underscores the industry's pivot from experimental pilots to commercial scaling as competition in the world’

Li Auto Plays US$1 Billion Card to Halt Stock Slide Amid AI Pivot

Li Auto has authorized a massive US$1 billion share repurchase program, a decisive financial maneuver designed to stem a nearly 60% valuation rout while the automaker executes a high-stakes transition toward embodied artificial intelligence. The buyback, valid through March 2027, signals management’s attempt to decouple the company’