News
Sonavox makes a loud case for audio as part of the smart cabin stack
3+ day, 17+ hour ago (949+ words) At the Beijing Auto Show, automakers are usually the easiest players to spot. Giant screens, new model debuts, company executives, and crowds chasing online attention make up the familiar rhythm of the event. But inside this year's exhibition halls, Sonavox…...
China investor takes over 120-year-old German knitting machine maker
2+ day, 19+ hour ago (613+ words) Written by Nikkei Asia'Published on'22 May 20263 mins read Family-owned Mayer & Cie is not only a giant in the German textile industry. Over 80, 000 of the circular sewing machines it has manufactured are used throughout the world to make clothes for global…...
China's Leapmotor woos Germans with USD 57 monthly EV lease
2+ day, 19+ hour ago (555+ words) Max Beier, a sales manager for China-based carmaker Leapmotor, has little doubt that the T03 electric vehicle will be the dealership's most popular offering in May and June. After all, no other model carries a lease starting at only EUR 48. 9 (USD…...
ZKH's Q1 GMV growth accelerates as efficiency push lifts profit
2+ day, 16+ hour ago (579+ words) Written by IPO Zaozhidao'Published on'22 May 20265 mins read New York-listed ZKH Group released its earnings report for the first quarter of 2026 before the US market opened on May 21. According to the report, ZKH's first-quarter gross merchandise value (GMV), rose 12. 9% year-on-year…...
Tencent is putting AI into everything, but when will it pay off?
3+ day, 17+ hour ago (1736+ words) In the first quarter of 2026, almost everything at Tencent was connected to artificial intelligence. In the quarter, Tencent generated revenue of RMB 196. 46 billion (USD 28. 8 billion), up 9% year-on-year (Yo Y). Non-IFRS operating profit reached RMB 75. 63 billion (USD 11. 1 billion), also up 9%. Heavy AI…...
Li Auto uses the Li L9 Livis to make its case as a technology company
3+ day, 37+ min ago (1706+ words) Written by Cheng Zi'Published on'21 May 202615 mins read After a decade of building cars, new energy vehicle makers have generally moved from lightweight engineering models to more technically integrated vehicle platforms. Li Auto is trying to make that shift explicit....
Vbot's home robotics push starts with a quadruped bot and RMB 500 million in funding
3+ day, 17+ hour ago (1245+ words) Written by Cheng Zi'Published on'21 May 20269 mins read Yu Yinan has often moved toward new technology waves before they fully arrived. After earning his Ph D, Yu did not enter academia, as many of his peers did. Instead, he joined China's…...
Can industrial AI companies carry Hong Kong's next IPO wave?
3+ day, 18+ hour ago (1247+ words) In 2026, Hong Kong is entering an IPO cycle led by artificial intelligence companies. Compared with last year's rush of hard tech companies and A-share dual listings, the main theme for Hong Kong IPOs this year has clearly shifted toward AI....
After crossing 10, 000 stores, Nowwa Coffee faces the hard part
3+ day, 17+ hour ago (605+ words) Written by Cheng Zi'Published on'21 May 20264 mins read 36 Kr has exclusively learned from multiple independent sources that Nowwa Coffee's 2025 revenue reached RMB 700800 million (USD 102. 8117. 4 million), with profit of about RMB 60 million (USD 8. 8 million). It was a year of rapid expansion…...
Middle East weekly: Dubai Business Forum returns to China, HK webinar explores Qatar opportunities, Saudi Arabia raises film rebates, and more
3+ day, 18+ hour ago (1056+ words) Dubai Chambers has announced that the next edition of Dubai Business Forum (DBF) China will be held in Shenzhen on October 14, under the theme "Momentum at Scale: Accelerating Shared Success." The forum will bring together senior public- and private-sector officials,…...