JD.com has launched a EUR 2.2 billion cash offer to acquire Germany-based Ceconomy, the parent company of MediaMarkt and Saturn. The deal would give JD.com access to more than 1,000 stores across 12 ...

Chinese firms are reportedly turning to refurbished Nvidia A100 and H100 GPUs after regulators blocked the H20, a chip tailored to meet US export rules. Originally built for training, the older cards ...

Airwallex has acquired billing platform OpenPay, adding subscription management, payment orchestration, and revenue analytics to its suite. Announced on September 3, the deal will provide Airwallex ...

AnyMind Group has announced the acquisition of Japan-based creator studio Nadesiko to expand its capabilities in social commerce. Tokyo-based Nadesiko, known for short-form beauty content on platforms ...

Anthropic has raised USD 13 billion in a Series F funding round at a USD 183 billion valuation, nearly tripling its worth since March. The financing was co-led by Iconiq, Fidelity Investments, and ...

OpenAI has agreed to acquire product testing startup Statsig for USD 1.1 billion in stock, pending regulatory approval. Founded in 2021, Statsig develops feature testing tools used by firms including ...

Zuzu Hospitality has raised USD 5.9 million in a Series B extension round led by Wavemaker Growth, with Velocity Ventures, Vulpes Ventures, and Latin Leap also participating. The Singapore-based firm ...

An Ant Group subsidiary acquired a 1.87% stake in Shanghai-based InnoStar Semiconductor, a developer of ReRAM memory chips, registry filings from late August showed. The deal underscores Chinese tech ...

Meituan launched its first open-source large language model, LongCat-Flash-Chat, on September 2 via Hugging Face, GitHub, and its website. The model, comprising 560 billion parameters, uses a ...

Unitree Robotics said on September 2 it expects to submit listing application documents between October and December. The company, known for its quadruped and humanoid robots, disclosed in July that ...

Airwallex has acquired billing platform OpenPay, adding subscription management, payment orchestration, and revenue analytics to its suite. Announced on September 3, the deal will provide Airwallex ...

Starting in November, Hong Kong will allow up to 100 private vehicles from Guangdong to enter daily via a designated bridge. Drivers must secure a local license, insurance, and vehicle inspection. The ...