Chinese social media Xiaohongxu moves closer to IPO as profits surge in 2024, sources say

Source: Tech – South China Morning PostWith popularity booming in recent years and recent profitability, the…

China ups the ante on humanoid robotic innovation, applications to boost economy

Source: Tech – South China Morning PostHangzhou, Chongqing and Nanjing, plus a part of the southwestern…

China’s video gaming revenue hits new high in 2024 on back of blockbuster releases

Source: Tech – South China Morning PostIndustry revenue grew 7.53 per cent to US$44.8 billion in…

US asks court to reject TikTok’s bid to stave off law that could ban the app

Source: Tech – South China Morning PostThe Justice Department argued that ‘continued Chinese control of the…

Intel says chip spin-off is an ‘open question’ for next CEO

Source: Tech – South China Morning PostExecutives broke with former CEO Pat Gelsinger’s more bullish messaging…

Apple nears switch to in-house Bluetooth, Wi-fi chips in iPhone, moving away from Broadcom

Source: Tech – South China Morning PostThe chip, code-named Proxima, has been in development for several…

Shein’s UK IPO slowed by challenge from Uygur NGO alleging Xinjiang cotton use

Source: Tech – South China Morning PostBritain’s Independent Anti-Slavery Commissioner has also raised concerns over allegations…

Chinese fund touts offshore crypto exposure in Alipay ad amid bitcoin boom

Source: Tech – South China Morning PostThe fund boasted in the ad that it is heavily…

Chinese EV maker Nio takes aim at foreign luxury marques BMW, Audi with new sedan

Source: Tech – South China Morning PostThe ET9, which Nio expects to start delivering in March,…

Why Beijing has put e-commerce sector’s ‘refund-only’ policy and PDD under scrutiny

Source: Tech – South China Morning PostThe State Administration for Market Regulation and the Ministry of…

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