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Rokid VP: In Times of Industrial Transformation, Startups Always Emerge Victorious

Rokid Technology Co., Ltd., the Hangzhou-based AI wearables startup, has positioned itself as a leading player in China's smart glasses market amid intensifying competition from tech giants. In an extensive interview conducted at the company's headquarters near Dream Town in Yuhang District, Rokid Vice President

Hillhouse, Temasek Bet on China's Designer Toy Market in Hunt for Next Pop Mart

China's collectibles industry secured its largest funding round of 2025 as trading card company Shanghun raised hundreds of millions of yuan led by Hillhouse Venture, signaling renewed investor interest in the toy sector following Pop Mart's market surge driven by its Labubu character phenomenon. The funding

JD.com's Six-Round Investment Spree Highlights Big Tech Rush Into Embodied AI Sector

JD.com has completed a sixth consecutive investment in the embodied artificial intelligence sector with new stakes in RoboScience and Qianxun Intelligence, as Chinese technology giants accelerate their push into robotics companies that integrate AI with physical capabilities. The e-commerce and logistics leader's investment streak spans from

AI-Powered Appliances Take Center Stage at IFA as Chinese Firms Target Europe

Chinese technology companies are leveraging artificial intelligence to redefine home appliances and consumer electronics, using Europe’s IFA 2025 trade show as a key battleground to assert their growing dominance in the global market. At the Berlin event, AI has moved beyond conceptual hype to become a core feature embedded

Huawei Secures Top Spot in Wrist-Worn Devices for Second Quarter, Outpacing Xiaomi and Apple

Huawei Technologies led the global market for wrist-worn devices for the second consecutive quarter, shipping 9.9 million units in the second quarter of 2025, according to a report from International Data Corporation (IDC). The shipments gave Huawei a 20.2% share of the global market. The overall market

Temu Relaunches US Push With Aggressive Price Cuts to Recapture Market

A report has revealed that e-commerce platform Temu is making an aggressive comeback in the U.S. market, implementing substantial price cuts to regain ground lost to rival Shein after being impacted by recent tariff changes. This strategic shift was detailed in a report by Bloomberg News published on

Leapmotor Targets VW’s ID.3 With New EV Lafa5 for Global Expansion

Chinese electric-vehicle maker Zhejiang Leapmotor Technology has unveiled a new electric hatchback at the Munich Auto Show, signaling an aggressive push into Europe and setting ambitious global sales targets to challenge established players like Volkswagen AG. The new model, named Lafa5, made its global debut on Tuesday. CEO Zhu

Morgan Stanley Defends Pop Mart Despite Secondary Market Collapse, Says Resale Prices "Misleading"

In a stark warning to sentiment-driven traders, shares of Chinese toy giant Pop Mart plunged 7.5% on September 8, wiping out gains and falling below the key HK$300 level. The catalyst was the spectacular collapse of secondary market prices for its wildly popular LABUBU collectible figures, sparking

Huawei Reportedly Developing Mid-Range Foldable Based on Pura X Display Specifications

A recent report has revealed that Huawei Technologies Co. Ltd. is developing a new mid-range foldable smartphone featuring display specifications similar to its Pura X model, as the company expands its folding phone portfolio. According to a report published by tech publication DigitalChatStation on September 8, 2025, the Chinese

Chinese eVTOL Makers Secure Billion-Dollar Orders as Global 'Flying Taxi' Race Accelerates

Chinese electric vertical takeoff and landing (eVTOL) aircraft manufacturers are capitalizing on international demand for "flying taxis," with Shanghai-based companies securing over $2.5 billion in overseas orders within weeks, highlighting the UAE and Southeast Asia as emerging hotspots for urban air mobility. Shanghai TCab Technology Co.