Sign in Subscribe

CBI

Unitree Robotics Launches As2, a Lightweight Quadruped That Bridges the Gap Between Consumer and Industrial Markets

Unitree Robotics has unveiled the Unitree As2, a lightweight industry-grade quadruped robot that weighs just 18 kilograms yet can support a load exceeding 100 kilograms — a specification combination that signals the company's deliberate push to capture a market segment it has largely left unaddressed until now. The

Douyin Local Services Hits RMB 850 Billion GMV, Shifts to Measured Growth Strategy

Douyin's local services division is entering a new phase — one defined less by breakneck expansion and more by operational depth. After recording gross merchandise value (GMV) exceeding RMB 850 billion yuan (approximately US$117 billion) in 2025, the platform is setting a more modest growth target of around

JD.com Founder Liu Qiangdong Bets RMB 5 Billion on Yachts, Targeting China's Untapped Mass Market

JD.com's billionaire founder is making a bold personal wager that China's yacht industry — long the preserve of the ultra-wealthy — is on the cusp of a mass-market transformation, pledging a RMB 5 billion yuan (US$690 million) investment in a new smart electric yacht

Xiaomi's Leica Edition Flagship Goes Global With a New Identity — and a New Name

Xiaomi's most premium smartphone offering is heading overseas with a distinct visual identity, signaling the company's continued push to position itself as a serious contender in the high-end imaging segment dominated by traditional camera brands. Leaked real-world photographs shared by tipster Frank on X

Zelos Raises Over $300M in Latest Round, Valuation Tops RMB 10 Billion as Autonomous Logistics Fleet Hits 20,000 Units

Chinese autonomous driving startup Zelos has closed a funding round exceeding US$300 million, pushing its cumulative disclosed financing well past US$800 million (approximately RMB 5.5 billion) and lifting its valuation above the RMB 10 billion threshold — a milestone that underscores how the robotics logistics sector is rapidly

Xpeng CEO Sets Ambitious 2026 Targets: 8,000 New Hires, Three Physical AI Products, and 1 Million Overseas Sales by 2030

Xpeng is betting its future on a sweeping transformation from electric vehicle maker to physical AI company, with CEO He Xiaopeng laying out an unusually aggressive roadmap in an all-staff letter that signals the company's most consequential year since its founding. In the letter, published on February

Xiaomi Sheds 'Internet Company' Label, Bets Billions on Chips and Core Tech

Xiaomi is redefining its corporate identity, with Chairman and Chief Executive Lei Jun declaring the company has completed a fundamental transformation from an internet-driven business into a "hardcore technology company" — and outlining plans to deepen that shift over the next five years. Speaking at a high-level

Huawei's RMB 880 Billion Revenue: Survival, Reinvention, and the Limits of Recovery

Huawei reported revenue of approximately RMB 880.9 billion yuan (US$121.4 billion) for 2025, marking a return to near-peak levels after a brutal five-year contraction triggered by U.S. sanctions — but the numbers beneath that headline tell a more complicated story about how the company has

ChinaBiz Briefing | China's AI War, Robotics Boom, and the Great Smartphone Squeeze

China's technology sector entered the post-Lunar New Year period carrying the scars and momentum of an unprecedented holiday campaign. Billions in AI subsidies, a robotics unicorn minted in Shenzhen, a fracturing smartphone market, and a new content format war collectively signal an industry at an inflection point

China's Tech Giants Wage Billion-Dollar AI Battle Over Lunar New Year, With No Clear Victor

China's largest technology companies turned the 2026 Lunar New Year holiday into the country's first large-scale, premeditated AI application war, collectively pouring close to RMB 10 billion yuan (approximately US$1.38 billion) into subsidies, advertising and infrastructure to drive adoption of their artificial intelligence