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Hangzhou city tops China's private enterprise rankings again
The 2025 China Top 500 Private Enterprises list was released on Aug 28, with 38 companies making the cut based in Hangzhou.
August 29, 2025
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Robot maker Unitree Robotics to file IPO application in Q4
Hangzhou-based robot manufacturer and unicorn Unitree Robotics has announced it will submit an application for an Initial Public Offering or IPO of its shares between October and December.
September 3, 2025
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Leapmotor posts 1st half-year profit as deliveries top China's NEV startups
Leapmotor has turned a profit for the first time in a half-year period, joining Li Auto as the only Chinese NEV startups to achieve that milestone, after record sales and revenue gains in the first six months of 2025.
August 19, 2025
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Alibaba Cloud ramps up efforts in open-source AI
Alibaba Cloud, the cloud computing arm of Alibaba Group, is doubling down on open-source artificial intelligence models.
July 31, 2025
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Hangzhou company develops high-spectral camera for drones
A nondescript drone takes to the skies, equipped with a high-spectral camera weighing less than 1 kilogram.
July 30, 2025
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Nine Hangzhou-based companies make Fortune Global 500 list
Preeminent US financial magazine Fortune released its much-anticipated 2025 Global 500 company rankings on July 29, with nine enterprises making the cut headquartered in Hangzhou.
July 30, 2025
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Unitree begins preparation for mainland float
Unitree Robotics, a Chinese manufacturer of humanoid robots, has begun preparations for an initial public offering.
July 22, 2025
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Unitree Robotics wins Zhejiang's first WIPO Global Award
Unitree Robotics — a pioneer in making quadruped and humanoid robots based in Hangzhou, capital of East China's Zhejiang province — has joined the list of victors at the 2025 WIPO Global Awards.
July 14, 2025