Midea Group Reports a Record-Breaking Financial Performance in 2025 H1
FOSHAN, China, Aug. 29, 2025 /PRNewswire/ -- Midea Group has achieved a historic financial milestone, with revenue exceeding RMB 100 billion for two consecutive quarters and hitting a remarkable RMB 252 billion in the first half (H1) of 2025. This represents a 15.7% year-over-year (YoY) increase, with profits surged to RMB 26 billion, marking a 25% rise.
Revenue in Mainland China grew by 14.2%,…
J&T Express Achieved 147.1% YoY Surge in Adjusted Net Profit for 1H2025
Southeast Asia market share soared 5.4 percentage points to 32.8%,New Markets achieved positive Adjusted EBITDA for the first time
HONG KONG, Aug. 29, 2025 /PRNewswire/ -- J&T Global Express Limited ("J&T Express" or "J&T" or "the Company", stock code: 01519.HK), a global logistics service provider, announced its Interim Results 2025 ("1H2025" or "the Period"). In 1H2025, J&T…
Alibaba International launches new AI agents to boost efficiency for global merchants
SINGAPORE, Aug. 29, 2025 /PRNewswire/ -- Alibaba International today has launched its AI solution to enhance global e-commerce operations – Alibaba International Marco (hereafter referred to as "Marco").
Developed by Alibaba International's AI Business team in 2024 with the goal of empowering SMBs in cross-border trade, Marco provides comprehensive assistance to e-commerce merchants across…
Newborn Town Achieved 40.0% Growth in 2025 H1 Revenue, Profit Attributable to the Owners of the Company Surged by 117.8%
HONG KONG, Aug. 28, 2025 /PRNewswire/ -- Newborn Town Inc., a leading global social entertainment company, released its interim results for the first half of 2025. Fueled by explosive growth in social networking and innovative businesses, alongside enhanced AI integration, the Group achieved impressive results in the first half, with total revenue increasing by 40.0% year-on-year and profit…
PixVerse Launches AI Video Model V5 With Free Access Week
SINGAPORE, Aug. 28, 2025 /PRNewswire/ -- AI video platform PixVerse has launched its latest generation model, PixVerse V5, alongside a new Agent feature designed to make video creation easier for everyday users. The company also announced that its global user base has surpassed 100 million.
To mark the launch, PixVerse is offering free access to V5 for a limited time:
Start:Aug 28, 2025 – 00:00…
Bairong Inc. Announces 2025 Interim Financial Results
Revenue Grows Rapidly with Year-on-Year Increase in Net Profit Margin
BEIJING, Aug. 28, 2025 /PRNewswire/ -- Bairong Inc. (the "Company", "we" , "us" or "our" ; HKEX: 6608), a leading cloud-based AI turnkey service provider, today announced the interim results of the Group for the six months ended June 30, 2025.
Mr. Zhang Shaofeng, Founder, Chief Executive Officer and Chairman of the Board,…
Baozun Announces Second Quarter 2025 Unaudited Financial Results
SHANGHAI, Aug. 28, 2025 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced its unaudited financial results for the second quarter of 2025.
Mr. Vincent Qiu, Chairman and Chief Executive Officer of Baozun, commented, "Baozun delivered another solid…
Tencent Cloud Recognized as a Challenger in the Gartner® Magic Quadrant™ for Communications Platform as a Service for Third Consecutive Year
HONG KONG, Aug. 28, 2025 /PRNewswire/ -- Gartner® recently released its 2025 Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS) report. Tencent Cloud was the only Chinese company named and has been recognized as a "Challenger" in the Magic Quadrant for CPaaS for the third consecutive year. In particular, Tencent Cloud secured the highest position in Ability to Execute…
CRIMSONLOGIC LAUNCHES IMPORT CONTROL SYSTEM 2 ENS FILING SOLUTION, FACILITATING EFFICIENT CUSTOMS SECURITY DECLARATIONS TO THE EU
Empowering businesses with AI-driven automation, EU ICS2 ENS Filing solution streamlines cross-border imports and delivers unmatched supply chain visibility for trade flow in and through the European Union.
IRVINE, Calif., Aug. 28, 2025 /PRNewswire/ -- Global technology company CrimsonLogic, a wholly-owned subsidiary of PSA International specializing in digitalization of trade facilitation,…
China-Arab expo set to fuel international trade
BEIJING, Aug. 27, 2025 /PRNewswire/ -- A report from China Daily
Belt and Road countries a new addition to event planned in Ningxia Hui autonomous region
The Ningxia Hui autonomous region is ready for the seventh China-Arab States Expo, to be held in its capital city Yinchuan from Thursday to Sunday. The event now promotes not only cooperation between Ningxia and Arab countries but partnership…

