Kuaishou, the social video platform backed by Tencent, and already a unicorn startup, is targeting RMB 30 billion (USD 4.36 billion) in revenue as well as profitability this year, according to ChineseNewsDouyin competitor Kuaishou targets USD 4 billion in revenue and profitability in 20191 min read
Local authorities plan to name and shame the non-compliant companies NewsBeijing launches new campaign to reign in chaotic shared-bike parking1 min read
Baidu Cloud has been growing faster than its competitors in China. NewsBaidu will set up a cloud computing center in Northwestern China’s Xi’an1 min read
Pinduoduo is spending big bucks hoping to kickstart shopping frenzy NewsPinduoduo wants you to buy a product together with 9,999 strangers1 min read
The sector was stifled by regulation last year. NewsChina’s gaming market show signs of recovery in Q1 20191 min read
Amazon may be leaving China, but China won’t be leaving Amazon any time soon. NewsChinese vendors thrive on Amazon as the e-commerce giant folds in China1 min read
Telkomsel has provided USD 40 million through the new program, in collaboration with MDI Ventures and Singtel’s Innov8 NewsIndonesia’s Telkomsel launches new USD 40 million fund for Series B startups1 min read
Will the local authorities seek to block it this time? NewsDespite propaganda concerns, Tencent launches subscription-based video streaming app in Taiwan1 min read
After her legal team successfully delayed formal extradition proceedings. NewsHuawei CFO Meng Wanzhou pens letter to employees thanking them for support since her arrest2 mins read
It is one of its 40 autonomous driving vehicles being tested. NewsDidi showcases self-driving car at Suzhou expo1 min read
Most Recent