BRIEF: Uber to offer Momenta robotaxi service, starting in Europe
Autonomous driving technology company Momenta will offer robotaxi service over Uber’s (UBER.US) ride hailing platform in markets outside the U.S. and China, starting with an unspecified European market, the two…
BRIEF: S.F. Holding reports first-quarter profit, revenue growth
Logistics firm S.F. Holding Co. Ltd. (6936.HK, 002352.SZ) reported on Monday its revenue rose 6.9% year-over-year to 69.8 billion yuan ($957 million) in the first quarter, while its net profit…
BRIEF: Ubtech wins humanoid robot contracts
Robotics maker Ubtech Robotics Corp. Ltd. (9880.HK) said on Sunday it won contracts to supply its Walker S1 and Walker C embodied intelligent humanoid robots for use in automobile production…
BRIEF: Tianqi Lithium returns to profit in first quarter
Lithium miner Tianqi Lithium Corp. (9696.HK; 002466.SZ)announced on Wednesday it expects to report a net profit of between 82 million yuan($11.24 million)and 123 million yuan for the three months through March,…
BRIEF: Kingsoft Office’s first-quarter profit climbs 10%
Kingsoft Corp. Ltd. (3888.HK) said on Wednesday that its Beijing Kingsoft Office Software Inc. (688111.SH) subsidiary’s revenue rose 6.2% year-on-year to 1.3 billion yuan ($1.78 million) in the first quarter,…
BRIEF: ZTE’s profit sags in first quarter
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) said on Tuesday its revenue rose 7.8% year-on-year to 33 billion yuan ($4.51 billion) in the first quarter, but its net profit declined…
BRIEF: Gogox logs HK$1 million profit on fund investment
Intra-city logistics provider Gogox Holdings Ltd. (2246.HK) said on Tuesday it redeemed a fund investment worth HK$66.18 million($8.53 million), citing a defensive strategy for the decision to sell just months…