Baidu reported Q2 2025 revenue of RMB 32.7 billion, down 4% YoY, while net profit rose 33% to RMB 7.32 billion. AI businesses supported growth, with cloud revenue up 27% and Apollo Go trips up 148%.

Baidu reported Q2 2025 revenue of RMB 32.7 billion, down 4% YoY, while net profit rose 33% to RMB 7.32 billion. AI businesses supported growth, with cloud revenue up 27% and Apollo Go trips up 148%.

Yimutian, China’s largest agricultural B2B platform by revenue and active merchants, listed on Nasdaq on August 19 under the ticker YMT. The IPO raised about USD 22 million, which will fund expansion ...

Lenovo’s New Vision unit and Robot Era jointly launched a humanoid service robot solution for exhibition halls, combining Robot Era’s Q5 with Lenovo’s spatiotemporal synchronization engine. The system ...

Dreame has confirmed it will enter the drone market, assembling a specialized R&D team to target China’s growing low-altitude economy. The firm plans to adapt mapping, navigation, and motor ...

Xgimi Technology commenced production at its USD 14 million Vietnam plant on August 18, a key link in its global supply chain with annual capacity of one million projectors. The company, which earns ...

Alibaba’s DingTalk has formed a team to develop industry-specific AI models, a key step in its strategy since founder Wu Zhao returned in April. The unit is working with enterprise clients on tailored ...

ByteDance has denied rumors of a chip partnership with VeriSilicon, saying no such cooperation exists. VeriSilicon, a Shanghai-based chip design and semiconductor IP provider, has struggled with ...

iQiyi reported Q2 2025 revenue of RMB 6.63 billion, down 11% YoY, as membership and ad income declined. The company swung to a net loss of RMB 134 million from a profit a year earlier, while free cash ...

Futu’s Q2 2025 net income rose 112.7% YoY to HKD 2.57 billion on revenue of HKD 5.31 billion. Trading volume reached HKD 3.59 trillion, led by US equities. The firm added 204,000 funded accounts, more ...