NewsYour next Taobao shopping cart item: a USD 5.6 million rocket launch serviceLivestreamer uses Taobao to sell rocket launch service for USD 5.6 million. 2 mins read
The big-talking entrepreneur sold USD 15.5 million goods and gained 200 million new followers on Douyin following his first e-commerce livestream. InsightsSmartisan founder turned e-commerce livestreamer: Luo Yonghao debuts on Douyin4 mins read
Chinese version of TikTok now offers dozens of free films, including The Last Emperor, Farewell My Concubine and The Great Wall. NewsDouyin is turning into a movie streaming platform2 mins read
Inke was an early leader in the livestreaming sector, but has lost market share to large competitors. NewsLivestreaming platform Inke posts revenue decline despite efforts to regain lost luster2 mins read
The company’s valuation has risen at least 20% from two years ago. NewsCHINA BRIEF | Tiger Global becomes stakeholder in Bytedance, joining SoftBank and Sequoia1 min read
Once again, a Chinese company is the most valued unicorn in the world. VideosVideo | These are China’s most valuable unicorns in 20201 min read
Domestic operations resume but foreign clients are in hot water. InsightsChina’s factories restart just as coronavirus hits global demand6 mins read
Education is one of the company’s new focuses, according to founder Zhang Yiming. NewsCHINA BRIEF | ByteDance steps up its education business with new edtech company1 min read
The world health body now has nearly half a million followers on TikTok after posting 11 short videos that attracted a total of 3 million likes. NewsWHO plans live streaming video on TikTok to fight coronavirus ‘infodemic’2 mins read
NewsDeals in brief: Carro and Dat Bike raise funding, Terra Oleo debuts with seed round, six new China deals, and more