Chinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, aiming to raise over $510 million and secure a valuation exceeding $4 billion. Backed by Alibaba and Tencent, MiniMax plans to list by the end of 2025, leveraging Hong Kong’s booming...

Alibaba is investing $7 billion in Taobao promotions, while JD.com is pouring $1.4 billion into expanding its food delivery service. Both giants are offering heavy discounts and subsidies to attract users and become China’s leading “everyday app,” aiming...

Chinese e-commerce app Pinduoduo is one of the biggest and most profitable retailers in the world. It is spending a huge amount of money on international exp...

Ant Group and the Shanghai municipal government have struck a partnership that would see the two parties deepen their collaboration in fields such as blockchain and artificial intelligence (AI).

For decades, large supermarket chains dominated the global food market. But bitter price wars and the growing influence of large digital corporations like Am...

Beijing appears to be nearing the end of a two-year crackdown on the county’s big tech companies. Some of China's most well-known and influential internet companies have been forced to make significant changes.

A patch of lawn is the hottest destination in China as travelers swap foreign skylines for short camping trips.