#alibaba-earnings

#alibaba-earnings

Pop Mart's reliance on 'The Monsters' IP has raised concerns, as it accounted for 40% of revenue in 2025 but dropped to 23% in 2024, indicating potential volatility.

In recent weeks, China approved the world's first commercial brain-computer interface medical device and unveiled a five-ton class electric vertical takeoff and landing aircraft that has already completed a public flight.

Richard Yu promises that Huawei will expand satellite connectivity to lower-priced devices, ensuring that it won't be confined to high-end models only. This initiative marks a new chapter in the company's journey, addressing the connectivity struggles that persist due to insufficient mobile network coverage.

The competitive landscape among AI apps in China is fierce. Companies have been dumping money into the market to try to win customers and show them how AI is useful in everyday life, in particular, for buying stuff.

Chinese users increasingly search within Little Red Book, social networking, short video, and AI chatbot apps. Peak daily active users during the Spring Festivals were 145 million for Doubao, 74 million for Qianwen, and 41 million for Yuanbao, according to Questmobile. Compared with Douyin, Alibaba, and Tencent, Baidu has a weaker ecosystem and fewer resources with which to compete in AI chatbots.

Net profits also rose by almost 260%, from $447.8 million to $1.6 billion. Fintech division Monee was the company's fastest-growing division, posting 60% growth over 2025. During the earnings call, Li added that Sea wants to continue expanding the division's suite of products, foraying into areas like digital banking and insurance.

The European Commission has launched a new antitrust probe into Google, expanding its long-running scrutiny of the tech giant's advertising practices. Regulators suspect the company may be manipulating the pricing of its search ad auctions, potentially inflating clearing prices "to the detriment of advertisers," according to a February 9 letter sent to affected businesses and seen by Bloomberg. The investigation marks the latest in a series of EU actions against Google,

Open source - that might be the clearest signal of how China wants artificial intelligence to reshape its economy. Hisham Alrayes, the group CEO of Bahrain-based GFH Financial Group, said China is prioritizing open models and broad deployment to spread AI's gains across the economy, instead of funneling them to a few tech giants. Speaking at a Davos panel on China's "AI+ Economy" strategy on Wednesday, Alrayes said the country's approach reflects a fundamentally different economic philosophy.