Dreame slashes 200 business units to four in pivot back to core operations
Following the restructuring, Dreame will focus on four main areas: smart cleaning appliances, whole-home devices, smart mobility and embodied intelligence.
Year: 2026
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New DingTalk CEO unveils AI overhaul a week after taking helm
According to the memo, DingTalk will establish a core platform business unit, and consolidate the Wukong and MuleRun teams into a new Wukong organization.
Geely-backed Caocao targets 200,000 autonomous cars under AI overhaul
This pivot comes as it seeks to evolve from a ride-hailing operator into a broader physical AI mobility platform.
Zhejiang launches drone flight app to curb unauthorized flying
The rollout comes as authorities seek to curb unauthorized drone activity amid the rapid growth of the low-altitude economy.
Momenta clears key mainland IPO filing step for Hong Kong listing
The company’s production-ready systems have been deployed in more than 10 countries and regions across Asia, Europe and Oceania.
Pudong, Suzhou, Hangzhou named capital market tech-finance pilots
Despite making up less than 4% of the country’s land area, the five regions contribute more than one-fifth of listed firms.
Alibaba’s Fliggy faces layoff reports as travel unit reshapes in AI era
Multiple users claiming to be Alibaba employees said the cuts could range from 30% to 40%, while more extreme claims put reductions in some units as high as 50% or more.
Leapmotor hits 1.5 million deliveries as expansion kicks into higher gear
The company now operates in more than 40 countries and regions, with over 2,000 sales and service outlets globally, including more than 950 overseas.
Nanjing vs Hangzhou: a split map of China’s AI future
Many view the Nanjing-Hangzhou race as yet another example of China’s relentless intercity competition, but it is not a zero-sum game on closer inspection.
Alibaba unveils HappyOyster 1.0 interactive world model
Unlike traditional text-to-video tools that render a fixed output after a prompt, HappyOyster continuously responds to user inputs during generation, allowing scenes to evolve in real time.