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CBI

Xiaomi's YU7 GT Performance SUV Targets Tesla and Porsche with 1,004 Horsepower

Xiaomi's upcoming high-performance electric SUV, the YU7 GT, has received regulatory approval in China, positioning the automaker to challenge Tesla Inc.'s Model Y Performance and Porsche AG's Cayenne Turbo GT in the premium performance segment. The vehicle, expected to be priced between 400,

Insta360 Targets DJI with Modular Pocket Camera Launch Planned for First Half of 2026

Insta360 is preparing to launch a new handheld gimbal camera in the first half of 2026, marking a direct challenge to DJI's dominance in the pocket camera segment with industry-first features including interchangeable lens modules and telephoto capabilities. Multiple sources confirmed to Interface News on February 6

ChinaBiz Briefing | Meituan's Instant Retail Bet, NIO's Profit Milestone, and AI App Wars Heat Up

China's tech and EV sectors delivered a flurry of strategic moves this week, underscoring three defining trends: aggressive consolidation in competitive consumer markets, the maturation of electric vehicle makers toward profitability, and an escalating battle among tech giants to establish AI as the next consumer gateway. Meituan'

Meituan Acquires Dingdong for $717 Million to Bolster Instant Retail Expansion

Meituan announced on February 5 the acquisition of 100% equity in the China operations of fresh grocery e-commerce company Dingdong(Cayman) for an initial consideration of approximately $717 million, or about 50 billion yuan at prevailing exchange rates. The deal marks a significant consolidation in China's competitive

DJI Pocket 4 Pro Clears US Regulatory Hurdle With Dual-Lens System

DJI's upcoming Pocket 4 Pro handheld camera has secured Federal Communications Commission approval, signaling an imminent US launch for the premium model featuring a dual-lens configuration. The device, registered under FCC ID 2ANDR-PP041 with model designation PP-041, represents a significant upgrade over the standard Pocket

Chinese Mobile Games Dominate Overseas Markets in January 2026 as Gossip Harbor Claims Top Revenue Spot

Chinese mobile games continued their strong overseas expansion in January 2026, with Lemon Micro Fun's merge game Gossip Harbor capturing the top revenue position while Moonton's Mobile Legends: Bang Bang surged 122% to claim the growth chart crown, according to data released by Sensor Tower on

Alibaba's Qwen App Distributes Over 1 Million Free Drinks as Server Crashes Under Spring Festival Campaign Demand

Alibaba's AI assistant Qwen experienced severe technical disruptions on Thursday as its 3 billion yuan ($415 million) Spring Festival promotional campaign overwhelmed servers within hours of launch, underscoring the intensity of China's escalating AI app battle during the holiday season. The Qwen app had distributed more

Mercedes-Benz Cuts List Prices by 10% as Sales in China Plunge 19%

Mercedes-Benz has reduced manufacturer's suggested retail prices for select models by approximately 10% in China, marking a significant policy shift as the German luxury carmaker grapples with mounting dealer inventory pressures and a sharp sales decline in the world's largest auto market. The price adjustments,

Li Auto CEO Unveils Next-Generation L9 SUV with Premium Livis Variant at $78,000

Li Auto is set to launch its next-generation L9 SUV in the second quarter of 2026, with CEO Li Xiang announcing a premium Livis variant priced at 559,800 yuan ($78,000) that features groundbreaking technology including the world's first fully active 800V suspension system under 600,

CATL Launches Mass-Produced Sodium-Ion Battery Vehicle, Ushering in Dual-Track Era for EV Power Systems

Contemporary Amperex Technology (CATL), the world's largest battery manufacturer, has unveiled the first mass-produced passenger vehicle equipped with sodium-ion batteries, marking a strategic pivot that could reshape the electric vehicle supply chain as lithium carbonate prices surge toward recent highs. CATL jointly presented the vehicle with