Representatives for Apple did not immediately respond to a request for comment from Business Insider, made outside normal … the important market and missed its sales estimates in Greater China last …
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Smaller Chinese BEV manufacturers struggling with rising competition
Bigger players have been discounting heavily to buy market share, while smaller companies have struggled to keep up.
Apple explores AI partnership with Tencent and ByteDance in China
Apple is in talks with Tencent & ByteDance to integrate AI into iPhones in China, countering market share losses amid Huawei competition & regulatory challenges.
Crypto ‘eating TradFi’s lunch’ as $5.75B Coinbase revenue beats Nasdaq
Bitcoin and cryptocurrency exchange Coinbase are beating Nasdaq in terms of revenue in 2024, the latest data shows. Figures uploaded to X on Dec. 17 by Jamie Coutts, chief crypto analyst at investment firm Real…
China has 600 nukes already, and it wants to beat US missile defenses, the Pentagon says
The Pentagon said China is on track to have over 1,000 warheads by 2030, putting it closer to being a nuclear peer of the US and Russia.
Ant Group Warns Against ‘False’ IPO Rumors
Ant, owner of the widely used digital-payment platform Alipay, saw Beijing shut down its giant initial public … among others. Before its IPO plans were derailed, the company was highly profitable, …
Asia Dealmakers See More IPOs, Convertible Bonds in 2025
New listings in mainland China have underwhelmed since last August, when the securities regulator tightened local issuance to stabilize its stock market. Similarly, Hong Kong’s IPO market has …
Hyundai is pouring money into struggling China business
Hyundai and BAIC, a Chinese state-owned automobile manufacturer, are doubling down on their China operations, together injecting $1.1 billion into their joint venture, Beijing Hyundai Motor Co. The …
Business leader pushes for domestic manufacturing in light of China’s mineral export bans
China announced earlier this month it would ban the export of gallium, germanium and antimony, among others, to the United States.
Balenciaga Opened Its Largest Store Yet – in China
The four-level unit in Beijing’s Taikoo Li Sanlitun shopping complex comes with an archival exhibition and six exclusive product launches.
China’s CATL is planning a major expansion of battery swapping for electric vehicles
CATL announced plans to open 1,000 swap stations next year in China, with a long-term goal of 10,000 stations built with partners.
Arthur Hayes warns of potential crypto dip ahead, tied to Donald Trump
As the crypto market continues its rally, BitMEX co-founder Arthur Hayes has made an intriguing prediction. Arthur asserts that Trump’s return to office could potentially trigger a decline just as his …
Biden’s Section 301 Investigation Could Hit China’s Chip Exports Hard
The Biden administration is preparing to investigate unfair trade practices related to legacy semiconductors from China.
