Chinese start-up touts robot chefs, AI as the future of restaurant kitchens

Chinese start-up touts robot chefs, AI as the future of restaurant kitchens

Robots can cook dishes as delicious as human chefs, and a Shenzhen start-up is trying to convince the world of that. While the automation and artificial intelligence (AI) transformation has been making waves in factories and warehouses, it has yet to make a meaningful impact when it comes to cuisine, said Shirley Chen Rui, chief … Read more

Chinese video platform Bilibili achieves quarterly profitability for first time

Chinese video platform Bilibili achieves quarterly profitability for first time

Chinese video-sharing and gaming platform Bilibili has achieved quarterly profitability for the first time, a key milestone it has been striving for since going public in the US in 2018. The Shanghai-based company said in a statement on Thursday that it recorded an adjusted net profit of 235.9 million yuan (US$33.6 million) during the third … Read more

Chinese video-sharing platform Bilibili restructures content units, bets on live streaming amid pressure to turn a profit

Chinese video-sharing platform Bilibili restructures content units, bets on live streaming amid pressure to turn a profit

Chinese video-sharing platform Bilibili has restructured its content units and is doubling down on the live-streaming business, as the US and Hong Kong-listed company struggles to make a profit. Bilibili recently revamped its major operations department and separated multiple live streaming-related units, forming a new live-streaming centre, while also ramping up commercialisation of its content … Read more