Meituan reported a 5.6% year-on-year revenue increase to 91 billion yuan (US$13.45 billion) for the first quarter. CEO Wang Xing highlighted overseas expansion, particularly the Keeta food delivery business in the Middle East, and AI initiatives.
Whoop is introducing on-demand clinician access and AI-powered health guidance, largely included in the price of membership.
Indonesia is moving to reshape its ride-hailing industry from the inside, with officials saying the state has acquired stakes in app companies as President Prabowo Subianto seeks to raise drivers’ earnings and rein in commission fees. The move could mark a significant shift in one of Southeast Asia’s biggest on-demand economies, where millions of drivers for platforms such as Gojek and Grab have become a highly visible labour force and, analysts say, a potent political bloc. Last week, Prabowo...
Shenzhen's robotics industry output reached a record 242 billion yuan (US$35.4 billion) in 2025, up 20% year-on-year, according to a whitepaper released at the Fair Plus robotics trade show. The city accounts for 43% of China's service robot output with nearly 8 million units, and a quarter of national industrial robot production at 194,900 units. X Square Robot showcased its Quanta X1 Pro robot capable of folding laundry and scooping cat litter, deployed in on-demand home cleaning services.
