10 May 2025

Jack Ma, founder of Alibaba Group Holding, received a rock-star welcome on Friday as he appeared at an annual event for staff and family, lifting employees’ spirits during a time of strategic repositioning at the business empire he established, according to company sources. Ma, 60, visited Alibaba’s campus in Hangzhou, capital of east Zhejiang province, […]

Carmakers including BMW, Toyota and Mercedes-Benz are recalling a total of 69,793 vehicles in China due to potential safety risks, according to the market regulator, as authorities heighten safety oversight in the industry following a recent fatal crash involving a Xiaomi electric vehicle (EV). From June 25, BMW’s China unit would recall 26,766 domestically produced

Xiaomi chairman and CEO Lei Jun said he experienced this past month “the hardest time” since founding the smartphone and electric vehicle (EV) maker in 2010, following a fatal crash in China involving the autonomous-driving feature of a Xiaomi SU7 that killed three people in late March. “I was feeling down, cancelled some meetings and

Li, who is also the founder and chairman of the Beijing-based electric vehicle manufacturer, acknowledged how a single meeting last September with Liang enlightened him about DeepSeek’s “best practices” and the importance of “fighting against some of the laziness of human nature, like taking short cuts”, according to a video posted on Wednesday by the