Few entrepreneurs in China’s burgeoning artificial intelligence sector have sparked as much intrigue as Wang Wenfeng, the founder of DeepSeek. A quiet yet calculated force in the industry, Wang has ...
During the Guangdong High-Quality Development Conference, Huawei’s Chairman Liang Hua announced that the company’s 2024 annual sales revenue had exceeded 860 billion yuan, marking the second-highest ...
Morgan Stanley’s recent report, Humanoid 100: Mapping the Value Chain of Humanoid Robots, has shed light on the remarkable rise of China within the global humanoid robot industry. Holding 63% of the ...
After two years of decline, China’s smartphone market experienced a notable recovery in 2024, with shipments growing by 5.6% year-over-year, reaching approximately 286 million units, according to IDC.
The monthly active mobile users of China’s blue-collar population has more than doubled from July 2016 to July 2020, from 15.48 million to 33.79 million, China has overtaken Japan to emerge as the ...
Kuaishou, also known as Kwai (English app) in China, is the second-largest Chinese short-video app/platform in China, following ByteDance-owned TikTok (Douyin). Kwai platform also supports live ...
In 2024, a unique trend has emerged in China, where EDC (Every Day Carry) toys have skyrocketed in popularity, especially among men. According to data China’s Cooking Robotics Market Sees Rapid Growth ...
KE Holdings or Beike (NYSE:BEKE), China’s leading real estate platform, saw 65.4% YoY growth in the total gross transaction value (GTV) to RMB1,120.0 billion (US$171.6 ...
On January 10, the U.S. Supreme Court upheld a ban on TikTok unless ByteDance divests its American operations, potentially shuttering the platform in the U.S. Xiaohongshu Poised to Overtake Baidu as ...
In spite of the fact that it’s possible the development rate for Chinese shopper spending will be somewhat lower in 2019 than in 2018, the 22 FMCG companies reaching over 100 million urban Chinese ...
Among the 200 million new middle class in China, the post-80s and post-90s account for 50.8% and 49.2% respectively, according to data from Questmobile. The China’s domestic consumer market has grown ...
In a strategic move, Starbucks has entered the Chinese co-branding arena, partnering with the iconic “Journey to the West”. This marks Starbucks China’s first beverage ...