The company didn’t disclose the size nor the timing of its IPO.
BUSINESS
Are luxury handbags really made in China? Viral TikToks from Chinese factories spark debate—Here’s the truth
China tariff war, TikTok has become flooded with content from Chinese factories. In these viral videos, factory workers and business owners allege that many “high-end” luxury brands from around the …
Chinese TikTok Users Claim Luxury Brands Use Cheap Local Manufacturers
U.S. and China are currently embroiled in a trade war with each country imposing 125 percent tariffs on the other.
China Suppliers Mock Tariffs With Nike, Lululemon Deals on TikTok
TikTok users in the US are being inundated with videos from Chinese influencers encouraging American buyers to overcome punitive Trump tariffs by buying direct from the “world’s factory” — China.Most …
How Trump’s 2025 tariffs impact e-commerce: What brands need to know and next steps to stay ahead
Passport explains how the Trump administration’s new U.S. tariffs are shaking up e-commerce and affecting brands, and suggests strategic moves you can make to keep up in a shifting market.
China AI unicorn Zhipu eyes IPO filing this year after DeepSeek’s success
The Beijing-based start-up, which is sanctioned by the US, has submitted pre-IPO documents on the mainland with plans to file for an IPO by October.
China’s Zhipu AI takes initial steps to an IPO
Chinese artificial intelligence startup Zhipu AI has initiated preliminary steps toward an initial public offering, aiming to become the first of China’s emerging AI companies to go public. Founded in …
Trump’s Trade War Deepens Threat to U.S. Brands in China
She decided to turn in her iPhone for a model made by China’s Huawei in light of the escalating trade war. And she saw the Chinese animated movie “Ne Zha 2” in theaters twice earlier…
Alibaba-Backed AI Startup Zhipu Targets IPO as Soon as 2025
Zhipu has enlisted China International Capital Corp. to spearhead an initial public offering as soon as this year, angling to become the first of several prominent ChatGPT-competitors to tap public …
China’s Q1 key commodity imports were soft, outlook mixed: Russell
China’s imports of major commodities were weak in the first quarter, but the challenge is working out whether the soft outcomes are mainly the result of temporary factors or signs of deeper economic …
Obstacle-Filled IPO Calendar Makes Deal Revival Tough to Plan
Wall Street bankers are urging companies seeking to IPO on US markets to have patience and let volatility play out amid the trade war. Even if things calm down, they still have to contend with…
Chess Not Checkers! Chinese Manufacturers Exposing Brands As ‘Not Made in America’ Amid Trade War
The gloves have come off ever since President Donald Trump threatened to impose up to 125% tariffs on all Chinese imports. Now, manufacturers in China are exposing American brands for what they are …
Trump’s trade war with China is ‘the end of the era of expanding globalization.’ But it could leave the U.S. worse off because of a major imbalance in key imports
The U.S. has more sectors of the economy that are highly reliant on Chinese imports than the other way around.
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