Jiyue, a premium electric vehicle (EV) maker backed by Chinese search-engine firm Baidu, will downsize its operations while pursuing fresh…
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NVIDIA has seen its share price plummet following a report of intensified scrutiny from US authorities over potential breaches of…
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In Beijing, profits of the catering companies with annual revenues exceeding 2 million yuan (US$280,750) fell to 180 million yuan…
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PDD Holdings’ stock plunged 25 per cent on Monday after it warned of uncertainty ahead and downward pressure on profits…
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Revenue jumped 36 per cent to 20 billion yuan (US$2.8 billion) in the April to June quarter, compared with the…
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“Only one-third of Chinese EV owners have charging piles for household use,” he said. “Charging facilities and technologies still need…
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Apple works to create high switching costs for users, producing a lock-in effect that lets it exert monopoly power over…
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The CEO was striking an upbeat note amid mounting worries about the future of China’s Tesla challengers – which include…
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