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Top KrASIA News

China's Anta Sports snares 29% Puma stake for $1.8 billion, rules out full takeover — REUTERS / FLORENCE LO

China Economy · China

China's Anta Sports snares 29% Puma stake for $1.8 billion, rules out full takeover

41% Center coverage: 53 sources

China's Anta Sports Products said on Tuesday it would buy a 29.06% stake in Puma from the ‌Pinault family for 1.5 billion euros ($1.8 billion), making it the biggest shareholder in the German sportswear maker.See the Story

Alibaba to Plan IPO for AI Chipmaking Unit T-Head, Bloomberg News Reports — REUTERS / Maxim Shemetov

Alibaba · China

Alibaba to Plan IPO for AI Chipmaking Unit T-Head, Bloomberg News Reports

50% Center coverage: 30 sources

Alibaba and Chinese tech giants are pushing for IPOs for their chip businesses amid global supply restrictions.See the Story

LimX Dynamics Raises $200 Million in Series B to Scale Humanoid Robotics · TechNode

Humanoid Robots · Shenzhen

LimX Dynamics Raises $200 Million in Series B to Scale Humanoid Robotics · TechNode

100% Center coverage: 1 sources

Shenzhen-based humanoid robot maker LimX Dynamics said on Monday it had raised $200 million in a Series B funding round, as the company looks to accelerate research and expand globally amid growing interest in embodied artificial intelligence. The round attracted more than a dozen investors, including Abu Dhabi-based Lestone Capital and Chinese private equity firm Oriental Fortune Capital, as well as strategic partners such as JD.com and auto pa…See the Story

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