Archive - China Innovation Watch

Meituan’s Q4 signals a deeper pivot: from food delivery to infrastructure

Meituan ends 2024 on a high—rising revenue, narrowing losses, and a bet on AI and international growth that could redefine its next chapter.

18 hrs ago

Alibaba’s new AI sees, hears, talks in real time

Qwen2.5-Omni combines vision, speech, and language into one real-time model that’s small enough for edge devices. Qwen2.5-Omni feels like a glimpse into…

Mar 28

AI unlocking China's $1.7T silver economy

How Artificial Intelligence is Reshaping China's Eldercare Industry and Creating New Economic Opportunities

Mar 26

AI Boom Sparks $30B+ Data Center Gold Rush Across Southeast Asia

Chinese tech giants like ByteDance, Alibaba, and Tencent are doubling down on Southeast Asia, driving a new wave of AI-fueled data center expansion

Mar 24

Xiaomi's 2024 results highlight bold innovation and global ambitions

Xiaomi's Leap into Smart EVs, AI-Enhanced IoT Expansion, and Strong Global Growth Mark a Strategic Turning Point

Mar 22

Tencent Debuts More Cost-effective LLM to DeepSeek-R1

Benchmark results place Hunyuan-T1 ahead in key AI performance areas, priced at one-quarter of DeepSeek-R1's standard time rate

Mar 22

PDD Q4: strong profits, slowing growth, and rising global scrutiny

PDD posted 24% revenue growth in Q4 2024, marking its slowest pace since 2022 with strong profitability offset by rising costs from Temu’s global push…

Mar 21

Tencent Key Insights from 2024 Results

Tencent ramped up AI investments (+221% YoY), fueling growth in AI apps and enterprise services. WeChat Video Accounts surged in engagement, boosting ad…

Mar 20

Baidu Catching Up in the AI Race with New ERNIE Models

Pricing for its reasoning LLM ERNIE X1’s API access will be highly competitive, with input costs starting at RMB 0.002 per thousand tokens and output at…

Mar 17

China Search Engine Market Overview

The Chinese search market is evolving into a multi-channeled ecosystem, where traditional search engines compete against embedded search functionalities…

Mar 15

WeChat Uncovered: The Inside Story of China's Super App

Insights and Untold Stories from Its Founder on Revolutionizing Digital Life

Mar 10

Alibaba Alipay’s Fintech Revolution

How Innovation, Ecosystem Strategy, and Market Growth Transformed Digital Payments

Mar 8

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