Its stock eviscerated, Keep faces difficult road back to fiscal fitness
The fitness company’s online paid revenue plummeted in the first half of this year, as it increasingly relies on growing sales of branded fitness products Key Takeaways: Keep Inc.’s revenue…
Kingsoft Cloud finds sunnier skies in AI cloud
The company’s revenue grew strongly and its loss narrowed sharply in the first half of the year, as it aggressive its develops AI cloud services Key Takeaways: Kingsoft Cloud reported…
How AI agents are reshaping China’s office ecosystem
China’s AI office race is heating up as tech giants and software vendors push agents beyond chatbots toward execution of workplace tasks as ‘digital employees’ By CLS Marketwatch The…
After nine lost years, China Literature opens new chapter with AI-IP combo
Once embraced by investors, the Tencent-backed online literature company’s shares now trade at just one-fifth of their peak Key Takeaways: China Literature reported its revenue rose 11% in the first…
Tencent Music sings the blues under ByteDance assault
China’s leading online music site recorded its slowest growth in two years as it continued to lose market share to the Douyin parent Key Takeaways: Tencent Music’s revenue rose just…
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…
Where China’s AI models make their money
Unlike overseas rivals that rely on subscriptions and APIs, Chinese AI vendors are monetizing through cloud platforms, project contracts and compute usage By LeadLeo Research Institute As commercialization of…
