Tokenization promises broader financial access, but without clear standards, it risks delivering abstraction over inclusion.

BYD surpassed the 3,000-vehicle sales mark in early August, exceeding its total for the whole of 2024 and setting a new ...

Elon Musk sought to involve Meta CEO Mark Zuckerberg in a USD 97.4 billion bid to acquire OpenAI, according to court filings. Zuckerberg declined to participate, and no formal agreement was made. The ...

Lucky Cup, a Chinese coffee chain under the same parent firm as Mixue Bingcheng, opened its first overseas store on August 21 in Selangor, Malaysia, marking the start of its global expansion. The ...

HSBC has invested in Shenzhen-based Dowsure, leading its Series C funding round. The fintech firm provides cross-border financing tools for sellers on Amazon and eBay. The deal expands a partnership ...

Dingdong Maicai reported Q2 2025 net income of RMB 107.2 million, up 59.7% YoY, marking its sixth consecutive GAAP-profitable quarter. Revenue rose 6.7% to RMB 5.98 billion, while non-GAAP net income ...

Baidu has launched MuseSteamer 2.0, an upgraded image-to-video AI model that adds natural human voices and ambient audio, removing the need for dubbing. Speech, lip, and body movements are reportedly ...

Lucky Cup, a Chinese coffee chain under the same parent firm as Mixue Bingcheng, opened its first overseas store on August 21 in Selangor, Malaysia, marking the start of its global expansion. The ...

Heytea has launched on Taobao Shangou via Ele.me, ending years of Meituan -only delivery. More than 4,000 stores are now live, with vouchers and discounts rolled out over the weekend. The move signals ...

Lucky Cup, a Chinese coffee chain under the same parent firm as Mixue Bingcheng, opened its first overseas store on August 21 in Selangor, Malaysia, marking the start of its global expansion. The ...

Pop Mart will launch a blind box series featuring mini Labubu figures on August 28 online and August 29 in stores. Each box is priced at RMB 79, with full sets at RMB 1,106. The release follows strong ...

Tesla is upgrading the voice assistant in its China EVs, integrating DeepSeek for conversational interaction and ByteDance’s Doubao LLM for navigation and in-car controls. The voice-activated feature ...