A bunch of Chinese internet services is using Red Packet campaigns to attract users in the time leading up to the Chinese New Year. NewsChinese Q&A service Zhihu throws “Red Packet Party” to tap the Chinese New Year campaign season for growth2 mins read
Social commerce has the potential of creating a market worth USD 70 billion, more than 2x the size of the current e-commerce market in India. InsightsThe USD 70 billion opportunity in India’s emerging social commerce sector7 mins read
Luckin has opened 4,910 stores in China, surpassing Starbucks by more than 600 stores. NewsWith 600 more stores than Starbucks, Luckin becomes the largest coffee chain in China by storefronts2 mins read
The reshuffle marks the company’s latest attempt to continue the user growth for its signature Meituan app. NewsMeituan taps Chinese e-commerce veteran to grow its flagship app business2 mins read
It has more than 1.4 million corporate clients. NewsChinese taxation SaaS provider Yunzhangfang closes USD 85 million Series D led by UK’s Vitruvian Partners2 mins read
The Chinese tech giant has six major investments in Southeast Asia. InsightsA key to decode Tencent’s Southeast Asian investment landscape5 mins read
The HMS ecosystem has attracted over 1 million registered developers globally. NewsHuawei’s alternative to Google Mobile Services launches for public test2 mins read
The power bank sharing sector has regained momentum in 2019. NewsExclusive | Chinese power bank rental platform Energy Monster raises SoftBank-led USD 71 million Series C2 mins read
Internet giants increasingly the target of individual lawsuits in China. NewsTencent in court as Chinese anti-monopoly suit goes to trial2 mins read
ByteDance’s advisors are said to be pitching a range of options to protect the value of the business. NewsByteDance denies rumors of selling TikTok stake to address US pressure3 mins read
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