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Huawei Technologies Co. Ltd. is a Chinese multinational telecommunications equipment and consumer electronics manufacturer, headquartered in Shenzhen, Guangdong, China. The company was founded in 1987 by Ren Zhengfei, a former People's Liberation Army engineer.

Huawei

5G is a commonly used term for certain advanced wireless systems. Industry association 3GPP defines any system using "5G NR" software as "5G", a definition that came into general use by late 2018. 

Huawei said that its revenue for 2019 jumped 18% to USD 122 billion.

Huawei said to be in talks with banks to raise USD 2 billion despite being on US blacklist | KrASIA

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Huawei said to be in talks with banks to raise USD 2 billion despite being on US blacklist

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

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SCMP

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Tencent

WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent. It was first released in 2011, and by 2018 it was one of the world's largest standalone mobile apps by monthly active users, with over 1 billion monthly active users.

Wechat

An e-commerce payment system facilitates the acceptance of electronic payment for online transactions. Read stories of Payment service providers, platforms or the trending of the Payment industry.

Payments

Currently, merchants have to offer different codes for each payment service.

Tencent and state-owned UnionPay to merge QR code systems for mobile payments in China | KrASIA

Tencent and state-owned UnionPay to merge QR code systems for mobile payments in China

Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits. The education industry is fast-reforming nowadays. 

Education

The brand aims to offer live-streamed English and maths courses to primary students in China.

Tencent, Sequoia lead USD 80 million funding for VipKid’s new education brand Dami Wangxiao | KrASIA

Tencent, Sequoia lead USD 80 million funding for VipKid’s new education brand Dami Wangxiao

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

With the spread of Internet global accessing (fastest Internet broadband connection TCP with accumulator cables and semi-fast connection), Short Video services have become very popular online. 

Short Video

Online mobile engagement is driven by smart devices, digitization in the offline retail industry and live streaming, according to research firm QuestMobile.

Chinese mobile users now spend over 6 hours every day online – that’s almost 2 full days a week | KrASIA

Chinese mobile users now spend over 6 hours every day online – that’s almost 2 full days a week

JD.com, Inc., also known as Jingdong and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing.

Medical technology, or "medtech", encompasses a wide range of healthcare products and is used to treat diseases and medical conditions affecting humans. 

MedTech

Deloitte forecast that China’s online pharmacy sector will be worth RMB 400 billion (USD 57 billion) in 2020.

JD’s health care unit vaults into second position for new unicorns with USD 7 billion valuation | KrASIA

JD’s health care unit vaults into second position for new unicorns with USD 7 billion valuation

Huawei shipped a total of 240 million devices in 2019, up from over 200 million units last year.

Huawei sees ‘difficult year’ ahead after it closes 2019 with 18% revenue growth despite US trade ban | KrASIA

Huawei sees ‘difficult year’ ahead after it closes 2019 with 18% revenue growth despite US trade ban

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

Didi Chuxing Technology Co., formerly Didi Kuaidi, is a Chinese transportation network company, artificial intelligence and autonomous technology conglomerate.

Didi

Meituan-Dianping is a Chinese group buying website for locally found food delivery services, consumer products and retail services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The Meituan.com site offers deals of the day by selling vouchers on local services and entertainment.

Meituan

Social Impact

In China, users spent an average of 600 million cumulative hours watching short-form videos, according to the 2019 Internet Trend Report.

How a decade of smartphone apps changed the way people live, work, and play in China | KrASIA

How a decade of smartphone apps changed the way people live, work, and play in China

Caption: Zhou Junjie, chief commercial officer and country head, Shopee Singapore. Photo courtesy of Shopee.

Since it was established in 2015, Shopee has become the most visited e-commerce site in the Southeast Asia region.

For Singapore’s Shopee, being ‘late’ to the e-commerce game has helped its rise in Southeast Asia | KrASIA

For Singapore’s Shopee, being ‘late’ to the e-commerce game has helped its rise in Southeast Asia

ByteDance’s advisors are said to be pitching a range of options to protect the value of the business.