Haier’s Car Service Platform Takes Over Autohome for USD1.8 Billion to Expand Services

Chinese home appliance giant Haier Group will invest USD1.8 billion to acquire a majority stake in Autohome, China's largest online automobile sales and information service platform, from Ping An Insurance Group. The move aims to enhance the scope and quality of services offered through Haier's...

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European Commission clears acquisition of Teka by Midea

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Teka of Spain by Midea of China.

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Gaggenau launches flagship store in Beijing

Gaggenau, a German luxury kitchen appliance manufacturer owned by Munich-headquartered BSH Home Appliances Group, inaugurated a flagship store in Beijing on Tuesday, marking a notable step in expanding its presence in North China.

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China’s TCL Smart Home to Invest USD67 Million in New Refrigerator Production Base in SE Asia

TCL Smart Home Appliances, a subsidiary of Chinese home appliance giant TCL Technology Group, plans to invest CNY490 million (USD66.8 million) to establish a new refrigerator production base in Southeast Asia.

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Chinese companies shine at CES

Chinese technology companies are in the spotlight at the 2025 Consumer Electronics Show, the world's premier tech show, in Las Vegas in the United States, as they showcase their latest technological achievements and innovative products, including semiconductor displays, smart homes, wearable devices...

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