News

Asmoke is reengineering barbecue with sensors and startup swagger, betting that pitmasters are ready for a tech upgrade.
DoorDash will acquire Deliveroo for GBP 2.9 billion in cash, ending the latter's volatile public run. The deal broadens DoorDash’s geographic footprint with limited overlap and follows its USD 1.2 ...
US treasury secretary Scott Bessent and Chinese vice premier He Lifeng will meet in Switzerland from May 9–12 for high-level discussions on economic and trade issues. The meeting precedes He’s visit ...
DailyCo, an Indonesian food and beverage operator, has acquired Wadah Kuliner (Waku), a company that provides institutional ...
Xiaomi says there’s no formal sales network in place, but the new facility appears to be part of a long-term Europe strategy.
Ecovacs Robotics recently released its earnings for fiscal year 2024 and the first quarter of 2025. The company reported ...
Luckin Coffee posted Q1 2025 revenue of RMB 8.87 billion, up 41% YoY, with GAAP net income reaching RMB 525 million. Same-store sales growth turned positive at 8.1%, while store-level margins improved ...
Guangzhou Sunhongs, a data center service provider backed by Xiaomi founder Lei Jun, is pursuing a listing on the Beijing Stock Exchange after pulling its Shenzhen IPO bid in 2023. The firm is ...
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 ...
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, ...
Low-altitude sightseeing flights under 1,000 meters proved popular across China during the Labor Day break, with cities offering tours via helicopters and unmanned aircraft from eVTOL providers like ...
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 ...