The Chinese coffee chain plans to deploy 1,100 regional managers as it works to shore up its low-cost, franchise-driven model ...

Shiok Burger, a fusion burger brand, has closed its pre-Series A funding round led by AC Ventures. Existing investors CFF ...

From underground mining to quality inspection, Casbot’s machines target environments where traditional automation falls short ...

Koitake, the IP-driven toy unit under Alibaba’s Hujing business, has been phased out as the tech giant shifts its attention ...

Cotti Coffee has expanded to over 15,000 stores, but rising costs and quality concerns are prompting a shift in strategy. With 90% of outlets reportedly profitable in May, the chain plans to deploy ...

Meta has hired OpenAI researchers Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai from its Zurich lab to join its superintelligence team, part of Mark Zuckerberg’s push to reset the company’s AI ...

Wang Puzhong, head of Meituan’s core local commerce unit, said China’s service retail sector reached RMB 7 trillion in 2024, but only 9% is online. He pledged to help merchants digitalize with AI, ...

Unitree Robotics founder Wang Xingxing said the firm’s annual revenue has surpassed RMB 1 billion and that it has remained profitable since 2020. The company employs about 1,000 people and currently ...

Toy manufacturers in Chenghai, China’s largest plastic toy hub, are ramping up production to meet holiday demand. The district exported RMB 10.24 billion in toys last year and now reports rising ...

Tesla's robotaxi pilot in Austin, Texas has revealed multiple issues, including erratic lane changes, abrupt stops, and unsafe alighting points, according to videos from riders. Despite the presence ...

Nvidia shares hit an all-time high on June 25, rising 4.3% to USD 154.31 and lifting its market cap to USD 3.77 trillion, surpassing Microsoft as the world’s most valuable public company. The ...

Chinese automaker BYD signed a supply agreement on June 24 with Austrian steelmaker Voestalpine for its passenger vehicle plant in Hungary. The deal marks progress in BYD’s localization strategy as it ...