MYSTERIOUS: Meituan | Mind Blowing Facts

Tech Brief (July 28): Chipmaker CXMT Surges 470% in STAR Market Debut

Momenta launches Robovan business in Suzhou, Meituan upgrades local-services AI assistant and agent platform

Caixin Global · Jul 28

China's Moonshot, Z.AI, and DeepSeek are challenging U.S. AI labs—and beating them on cost

“The AI ecosystem in China is probably much better than people thought."

Fortune · Jul 26

Chinese partnerships set to attract more tourists to Thailand

New partnerships with seven large corporations in China are expected to help Thailand attract a new, younger customer segment and generate total revenue of nearly 300 billion baht, despite limited flight capacity, according to the Tourism Authority of Thailand (TAT).

Bangkok Post · Jul 20

China seeks to rein in 'unfair' food delivery competition with new rules

China is seeking to crack down on 'unfair' competition among food delivery platforms by introducing new rules to limit subsidy campaigns that regulators say harm the economy. "These practices harm the interests of merchants operating on the platforms, delivery drivers and consumers, squeezing the real economy," the SAMR said.

The Economic Times · Jun 18

Microsoft makes big AI inroads in China by selling OpenAI models

Microsoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and AI services. Despite US-China AI rivalry and concerns from competitors like OpenAI, Microsoft continues to sell AI models to major Chinese tech firms, fueling rapid revenue growth in the…

The Economic Times · Jun 18

Alibaba bids $1.5 billion for China grocer Pupu in Meituan fight

Alibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from rival Meituan. This move highlights intense competition for scarce retail assets in China's local commerce and fresh produce sectors. The escalating bids signal a potential return to market-share competition…

The Economic Times · Jun 15

Tech Brief (June 10): China Targets 10,000 Humanoid Robots in Commercial Use by End-2026

Chinese tech insiders cash out after AI stock rally, Pentagon adds Alibaba, Baidu, BYD and Nio to Chinese military-linked list

Caixin Global · Jun 10

Tech Brief (June 9): China’s Robotics Industry Index Rises 6.4%

UBS sees Hong Kong IPO fundraising reaching $50 billion in 2026 on tech surge, Tencent Cloud expands AI agent push

Caixin Global · Jun 9

China’s Moonshot AI seeks $30 billion value in new funding talks

The developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the matter said. The discussions have begun just as Moonshot is on the verge of closing a round led by Meituan that valued the AI firm at $20…

The Economic Times · Jun 8

‘The next China is still China’: McKinsey’s Joe Ngai and Nick Leung on why global business can’t write off the Chinese economy

“You can’t find another China. There’s no other China out there now," Greater China chair Joe Ngai says.

Fortune · Jun 4