According to Bloomberg, ByteDance has become Microsoft's largest AI customer, with annual spending on Microsoft AI and cloud services expected to exceed $1 billion in 2025. Alibaba, Meituan, and Tencent are also major buyers of Microsoft Azure cloud services.
Microsoft's AI business in China is

According to Bloomberg, ByteDance has emerged as Microsoft's largest AI customer in China and is on track to spend over $1 billion annually on Azure cloud services. Ant Group, Meituan, and Tencent Holdings are also significant AI model customers through the

According to Beating, WeChat Pay officially launched AI AgentPay Card, a payment solution designed for AI agent scenarios, on June 5. WorkBuddy, Tencent's desktop office assistant, integrated the card on Mac version 5.1.1 and above, enabling users to complete purchases from Meituan's lifestyle

According to ChainCatcher, WeChat Pay launched an "AI Exclusive Card" feature today (June 17), enabling users to initiate payments directly in AI Agent conversations. The card is currently integrated with the WorkBuddy platform, where users can purchase group-buy vouchers through the Meituan Life

Nasdaq Golden Dragon China Index rose 0.5% in today's session, while declining 0.4% for the week. Among Chinese tech stocks, JinkoSolar led gainers with a 6.5% increase, followed by Canadian Solar up 5.8%, ASM Pacific Technology up 4%, Li Auto up 3.9%, and New Oriental Education up 3.5%. Meituan

According to Beating, Meituan formally released a standardized "Skill" interface in May that packages order placement and delivery fulfillment capabilities for external AI assistant ecosystems. Multiple third-party AI assistants have already integrated the interface, enabling users to complete

On May 26, Meituan Errands released "Errands Skill" to open its ordering capability to AI assistant ecosystem. Users can now place orders through natural language commands in any integrated AI assistant including OpenClaw, Cursor, WeChat, and

On May 25, Guangdong-based Tianji Intelligent announced the completion of 1 billion yuan in Series B and B+ funding rounds, achieving a post-money valuation of approximately 100 billion yuan and becoming a unicorn. The round was co-led by Hillhouse Capital and Meituan Strategic Investment, with

According to BlockBeats, on May 13, China's Nasdaq Golden Dragon Index surged 4% amid broad-based gains in Chinese stocks. Kingsoft Cloud (KC) led the rally with an 18.45% increase, followed by Meituan ADR (MPNGY) up 9.72% and JD.com (JD) up 8.26%. Alibaba (BABA) rose 8.11%, Nio (NIO)

On May 8, the Hang Seng Index fell 1% at opening, while the Hang Seng Tech Index declined 0.81%. Software stocks mostly opened higher, with Baidu Group-SW up 2.91%, Meituan up 3.18%, and Kingsoft Software up 1.06%.
Baidu's subsidiary Kunlun Chip initiated guidance for a Shanghai Stock Exchange