Showing 12 of 60 posts with this tag
Baidu Q3 2025 revenue hits 31.2 billion RMB as AI business surges over 50% YoY, with cumulative AI investment exceeding 100 billion RMB and Radish Run scaling fully unmanned operations globally.
Xiaomi Q3 2025 revenue grew 22.3% to 113.1 billion RMB with net profit up 80.9% to a record 11.3 billion RMB, as its EV business turned profitable for the first time, driving innovation growth.
On the 10th anniversary of its founding, Miniso, a Chinese discount retailer of lifestyle and household goods, announced its updated global brand strategy.
Chinese media outlet Jiemian reports that ByteDance achieved its performance goals in 2019, with annual revenue exceeding 140 billion yuan ($20 billion).
On April 20th, CATL released an impressive first-quarter financial report. The report revealed that the company achieved an operating income of 89.038 billion yuan ($12.96 billion) in the first quarter of this year, which is an increase of 82.91% compared to last year's figures.
ATRenew, the operator of China’s top consumer electronics transactions and services platform, on Tuesday delivered a three-month profit record, in which it posted $11.5 million in adjusted operating profit for the fourth quarter, a new quarterly record.
Chinese electric vehicle manufacturer, Li Auto, released its Q1 financial report on May 10th. The report revealed a revenue of 18.79 billion yuan ($2.71 billion) for the quarter, indicating an increase of 96.5% year-on-year and 6.4% compared to the previous quarter.
Chinese automobile manufacturer BYD announced on Monday that it expects net profits in the first quarter of 2022 to total between 650 million yuan and 950 million yuan ($102M - $149.1M), up 174% - 300% year-on-year.
Chinese electric vehicle and battery maker BYD released its performance forecast for 2022 on January 30. The company expects to have achieved an operating income exceeding 420 billion yuan ($62.19 billion).
Chinese electric vehicle maker NIO announced on July 11 that the company is setting up an independent committee to oversee an investigation into allegations made in Grizzly Research's critical short-seller report.
On June 27, Nike, the U.S. sportswear giant, released key financial data for its fiscal 2022 fourth quarter and full year ended May 31, 2022. Its share price fell nearly 7% the next day and its market value dropped by $12 billion.
ATRenew, the operator of China’s top consumer electronics transactions and services platform, on Wednesday set a new quarterly revenue record as it upped the ante in refurbishing gadgets while branching out into the recycling of other items.