ByteDance has overhauled TikTok Shop’s US team near Seattle, replacing local staff with China-based managers after missing a USD 17.5 billion sales target. Internal meetings now reportedly favor ...

Danyang, China’s top eyewear manufacturing hub, is countering US tariffs with tech innovation and export shifts to RCEP markets. The city, which reportedly produces half the world’s optical lenses, ...

Biotech firm Allay Therapeutics has raised USD 57.5 million in a Series D funding round co-led by Lightstone Ventures and ClavystBio, with participation from NEA, Arboretum Ventures, Vertex Growth, ...

Meituan launched its first permanent drone route in Hong Kong on June 6, flying across Tolo Harbour from Science Park to Ma On Shan. Approved under the city’s low-altitude sandbox, the five-minute ...