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When Zhou Yuxiang founded Black Lake Technologies, he did what seemed sensible: he trusted experience, hiring salespeople from traditional Western software companies like SAP and Siemens. But as the Shanghai-based AI startup moved from ent…
Investing.com -- Chinese regulators have opened investigations into four online hotel and travel booking platforms over suspected practices that may hurt competition and merchant rights, Bloomberg reported on Saturday. Still guessing which…
This article first appeared on GuruFocus. Total Revenue: RMB104.6 billion in Q2 2026, up 14.4% year-over-year. Cost of Revenue Ratio: Edged down to 66.5%. Selling and Marketing Expenses Ratio: Decreased to 23.6% due to more disciplined mar…
Major earnings expected before the bell on Friday include: * BW LPG Limited (BWLP [https://seekingalpha.com/symbol/BWLP]) * Frontline plc (FRO [https://seekingalpha.com/symbol/FRO]) * Hafnia Limited (HAFN [https://seekingalpha.com/symbol/H…
[Robot at the Center of Maze, Artificial Intelligence and Technology Concept] akinbostanci * Unitree Robotics shares opened 629% higher in their Shanghai trading debut on Wednesday after raising 6.1 billion yuan ($904 million), becoming th…
(Bloomberg) -- Chinese tech firms' early earnings are giving hardware stocks renewed momentum, while internet platforms still struggle to show a full consumer‑demand recovery. Most Read from Bloomberg Selena Gomez Accused of Fraud by Menta…
(Bloomberg) -- JD.com Inc. reported better-than-expected quarterly profit as its food delivery battle with Alibaba Group Holding Ltd. and Meituan cooled down amid regulatory curbs. Most Read from Bloomberg Walter Sells Lakers, Seeks More C…
(Bloomberg) -- A rotation into China's biggest tech firms from AI infrastructure stocks will be tested this week as earnings are due. Most Read from Bloomberg Five Takeaways From Zuckerberg's 6,500-Word Manifesto on AI Pakistan Says Deal I…
(Bloomberg) -- Uber Technologies Inc. issued a bookings outlook that just met analyst estimates and said fierce competition in the key Brazil market weighed on trips volume, compounding concerns from investors about the company's ability t…
(Bloomberg) -- Moonshot AI is preparing to begin discussions in August on a final round of fundraising before listing in Hong Kong, capitalizing on the excitement around its latest model to raise capital at a valuation of as much as $50 bi…
(Bloomberg) -- Crowds rushed to an obscure corner of China's premier tech summit, moving past monumental booths from Alibaba Group Holding Ltd. and Tencent Holdings Ltd. to catch a glimpse of the hottest name in domestic AI. Most Read from…
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Hong Kong shares ended higher, led by technology stocks. The Hang Seng Index gained 1.3% and the Hang Seng Tech Index added 2.0%. Among major stocks, Alibaba Group gained 3.1%, Baidu added 2.6% and Meituan rose 4. Continue Reading
By Miranda Murray BERLIN, July 16 (Reuters) - Uber on Thursday launched a public takeover offer for Delivery Hero that values the German food delivery company at $14.8 billion and would create the world's largest food-delivery firm outsid…
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Meituan (SEHK:3690) recently reshaped its board at the June 26, 202…
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Meituan's share price has fallen roughly 73.0% over the past five years, yet some valuation checks still flag the stock as p…
This article first appeared on GuruFocus. Alibaba Group Holding Ltd. (NYSE:BABA), China's e-commerce pioneer and a major cloud computing provider, saw its Hong Kong-listed shares surge 12%, marking their strongest move since September, as…
Meta and Snap rolled out new smart glasses last month, the latest sign that the industry is racing to put a camera and an AI assistant onto users' faces. As the fast-growing market heats up, upstarts like Even Realities are muscling in on…
By Ethan Wang and Eduardo Baptista BEIJING, June 30 (Reuters) - China's food delivery giant Meituan said on Tuesday it had released and would open-source its next-generation LongCat large language model, claiming it is the world's first t…
(Bloomberg) -- China's Tencent Holdings Ltd. is ramping up buybacks as its Hong Kong-listed shares struggle to recover from a selloff that's wiped out about $309 billion in market value since early October. Most Read from Bloomberg Trump's…
New funding supports development of embodied AI foundation models, commercial deployments and integrated robotics infrastructure, only embodied AI company backed by all four major Chinese internet technology leaders SHENZHEN, China, June 2…
Alibaba Group Holding Limited (NYSE:BABA) is one of the Stocks with Potential to Explode in 2026. On June 12, Bloomberg reported that Alibaba Group Holding Limited (NYSE:BABA) is offering $1.5 billion to purchase Chinese grocery delivery f…
[Modern glass skyscraper hosting a Microsoft software company with its logo clearly visible on the facade] frantic00 Microsoft (MSFT [https://seekingalpha.com/symbol/MSFT]) announced on Thursday that it has built a fast-growing artificial…
Investing.com-- Chinese food delivery stocks, led by Meituan (HK:3690), fell on Thursday after the country's markets regulator issued new rules on regulating subsidies in the sector. Meituan fell 2.2%, while rivals Alibaba Group (HK:9988)…
(Bloomberg) -- As many as 100 million Chinese consumers are struggling to service their personal debt, fueling a largely hidden crisis that threatens Beijing's efforts to revive the world's second-largest economy. Most Read from Bloomberg…
(Bloomberg) -- Alibaba Group Holding Ltd. is offering $1.5 billion to buy Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from online commerce rival Meituan. Most Read from B…
* Alibaba Group Holding (BABA [https://seekingalpha.com/symbol/BABA]) is offering $1.5B to acquire Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from Meituan in online comm…
As of June 2026, the Asian markets have been navigating a complex landscape shaped by geopolitical developments and fluctuating oil prices, with investor sentiment buoyed by optimism surrounding U.S.-Iran negotiations and advancements in a…
This article first appeared on GuruFocus. Total Revenue: RMB91 billion, up 5.6% year-over-year. Cost of Revenue Ratio: Increased by 8.7 percentage points to 71.5%. Selling and Marketing Expenses Ratio: Rose by 7.6 percentage points to 25.2…
This article first appeared on GuruFocus. Meituan's (MPNGF) losses are shrinking. That is the headline investors needed to see after a brutal subsidy war tore through China's online commerce market and crushed margins across the sector. Fo…
Major earnings expected before the bell on Monday include: * Science Applications International Corporation (SAIC [https://seekingalpha.com/symbol/SAIC]) * Meituan (MPNGF [https://seekingalpha.com/symbol/MPNGF]) * For Seeking Alpha's full…
Meituan, Alibaba, and JD.com are racing to turn 30-minute delivery into the next step in Chinese e-commerce. The growth is real—but so are the costs. Continue Reading
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Meituan (SEHK:3690) has drawn investor attention after a recent share price move, with the stock cl…
(Bloomberg) -- China’s twin technology leaders reported revenue that fell short of estimates, signaling the challenges in translating higher AI spending into profits. Yet investors piled into Alibaba Group Holding Ltd. after the company de…
Alibaba Group Holding stock was rising on Wednesday as reports of potential progress on lowering U.S.-China tariffs outweighed a mixed earnings report. Alibaba’s American depositary receipts were up 6.6% in morning trading. The ADRs were r…
(Bloomberg) -- China’s twin leaders in artificial intelligence reported revenue that fell short of estimates, disappointing investors who hoped their growing spending on AI would turbocharge growth. Most Read from Bloomberg Ambani’s Cola W…