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Mobility

China speeds up commercial rollout of Level 4 autonomous logistics for urban delivery and long-haul freight

Uncrewed logistics systems combining electrification and autonomous driving are moving into commercial use in China, from urban delivery to long-haul freight. Robot vans are expanding in major cities and Level 4 autonomous trucks are being deployed more broadly. At the Beijing auto show, companies including MINIEYE and QCraft unveiled new Level 4 robovan models. Carl Dynamics introduced its KargoBot Space truck and cited transport performance and range claims.

Games & Commerce

Kakao posts record first-quarter operating profit, signals shift to agentic AI

Kakao posted record first-quarter revenue and operating profit on growth in key businesses including its platform unit and cost efficiency. The company reported first-quarter revenue of 1.94 trillion won and operating profit of 211.4 billion won, up 11 percent and 66 percent from a year earlier. Platform revenue rose 16 percent, while content revenue grew 5 percent. Kakao said it will accelerate a shift to an agentic AI platform.

Games & Commerce

Coupang posts operating loss of 354.5 billion won in Q1, first single-digit revenue growth since IPO

Coupang Inc posted an operating loss of 354.5 billion won in the first quarter, swinging into the red as customer compensation tied to a personal data incident and temporary logistics network inefficiency weighed on profitability. Revenue rose 8% to 12.46 trillion won, marking the first single-digit quarterly growth rate since its New York listing. Active customers fell 700,000 from the previous quarter to 23.9 million.