ATRenew capitalizes on government incentives to achieve solid growth in its core business
The recycling specialist’s revenue rose 27.5% in the first quarter, representing its fastest growth in more than a year Key Takeaways: ATRenew reported its fastest quarterly revenue growth in more…
Apple’s AI gamble in China: Did it bet on the wrong horse?
Apple may have miscalculated by teaming with Alibaba in a limited AI partnership, rather than embracing open-source sensation DeepSeek By Vivian Toh When Apple (AAPL.US) recently unveiled its collaboration…
ATRenew launches major store expansion to raise service accessibility, company profile
The recycling specialist said it plans to nearly triple its national network of brick-and-mortar AHS Recycle stores to 5,000 over the next three years Key Takeaways: ATRenew has launched a…
An Apple Anti-Trust Probe, and Hong Kong’s Second SPAC Merger
China is reportedly preparing to attack Apple on anti-trust grounds related to its app store operation. What's driving this probe? And steel trader ZG Group nears a Hong Kong listing through a SPAC merger, only the second since the city launched its SPAC program three years ago. Why has progress been so slow?
Huawei rings up improbable comeback as revenue soars
The Shenzhen-based telecoms giant said its revenue rose 22% in 2024, showing that years of U.S. sanction have failed to contain its rise Key Takeaways: Huawei reported its second-highest annual…
Lenovo’s AI seeds begin bearing fruit, as geopolitics continue to weigh
The leading PC maker’s profit jumped 41% in the first half of its fiscal year as its diversified artificial intelligence gambit starts paying off Key Takeaways: Global PC leader Lenovo’s…
Trade-in ‘chic’ helps boost ATRenew to first operating profit
The recycling specialist’s revenue rose 24.4% in the third quarter, as it reported profits on both a net and operating basis for the first time Key Takeaways: ATRenew’s revenue rose…
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