Shein and Temu ramped up digital ad spending in Europe in April, with double-digit gains in France and the UK, as looming US tariffs undercut growth in their core market. Both fast fashion platforms ...

Uber and Momenta have signed a deal to launch autonomous vehicles outside the US and China, starting in Europe in 2026 with safety drivers onboard. The partnership aims to combine Uber’s global reach ...

DailyCo has acquired Waku, an institutional catering firm serving clients in 20 cities across Indonesia, to expand its footprint in the country’s B2B food services market. Waku CEO Anthony Gunawan ...

DailyCo, an Indonesian food and beverage operator, has acquired Wadah Kuliner (Waku), a company that provides institutional ...

Xiaomi has opened an automotive R&D center in Munich, with a compact team focused on high-performance EVs like the Nurburgring edition of the Xiaomi SU7 Ultra. While no formal sales network exists in ...

OpenAI will convert its for-profit arm into a public benefit corporation (PBC), while remaining under nonprofit control. The shift follows discussions with state regulators and is aimed at better ...

Ecovacs and Roborock posted record 2024 revenues of RMB 16.54 billion and RMB 11.95 billion, respectively, but rising costs eroded profits. Both firms are expanding overseas through new categories and ...

Ecovacs Robotics recently released its earnings for fiscal year 2024 and the first quarter of 2025. The company reported ...

OpenAI has agreed to acquire Windsurf, an AI coding startup formerly known as Codeium, in a deal valued at about USD 3 billion, according to people familiar with the matter. The deal has not yet ...

CATL has passed its listing hearing with the Hong Kong Stock Exchange. In 2024, it held 37.9% of the global EV battery market and 36.5% of the storage battery market, with major clients including BMW, ...

WeRide and Uber will extend their robotaxi partnership to 15 new cities over the next five years, following deployments in Abu Dhabi and Dubai. The expansion targets markets beyond China and the US, ...

Singapore-based Neufast has raised USD 1.1 million in Pre-Series A funding led by Wavemaker Ventures, with participation from Wings Capital Ventures. Designed for sectors like insurance and public ...