Dida eyes road back to revenue growth under Tongcheng umbrella
A majority of the struggling ride-sharing company’s shareholders have agreed to sell their stock to one of China’s leading online travel agents Key Takeaways: Nearly 52% of Dida’s shareholders have…
Shangri-La profit picks up on rebounding China market
The hotelier said its operating profit rose 35% in the first half of 2026, accelerating sharply from a 6% rise for all of 2025 Key Takeaways: Shangri-La Asia’s profit growth…
Trip.com gets slapped with fines but is spared a major overhaul
Regulators have ordered China’s top online travel platform to pay more than $780 million after an anti-monopoly probe, but the firm’s wider business is left intact Key Takeaways: Trip.com is…
AI valuations take flight, while China’s low-altitude economy crashes into reality
"It's always all about money. Anything AI requires a tremendous amount of investment." – on Kuaishou’s decision to spin off its Kling AI video unit Rene Vanguestaine Key Takeaways: Kuaishou's…
Newborn Town leans on better monetization as user growth slows
The social media company’s revenue rose over 30% in the first half of the year, as it wrung more money from individual spenders in the face of decelerating user growth…
Kuaishou’s AI ace valued at $18 billion as countdown to spinoff begins
The short video giant is preparing to cut the financial cord with its Kling unit, opening up new valuation room for the popular AI video asset Key Takeaways: Kuaishou is…
Xunlei charms market with share buyback, as global business faces slowdown
The online video company will repurchase up to $20 million worth of its shares, as it sits on a cash pile and a major investment that combined are worth more…
