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The transfer of a significant number of employees from ByteDance to Pico has stirred internal strife, posing a threat to further derail the company’s progress.

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Temu’s growth trajectory risks slowing down amidst challenges posed by scams, phishing schemes, and emerging threats on social media.

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Numerous companies are vying to replicate Lululemon’s triumph in China and worldwide. Will Maia Active succeed in achieving this feat following its acquisition by Anta Sports?

Contrary to a lack of ambition, Pico’s failure is more closely tied to the pursuit of applications that didn’t align with the strengths of VR technology.

Join Alibaba Cloud on December 12 to access tools and insights that businesses can utilize to navigate the intricate landscape of global expansion.

Bringing you the latest news briefs on fundraising activities in the Asia Pacific.

This year’s Abu Dhabi Finance Week highlighted the growing importance of the UAE’s “falcon economy” in a turbulent world seeking diversification and collaboration.

Like other Chinese VR businesses, Pico viewed Meta as the benchmark for success. Attempting to emulate the American tech giant, however, contributed to its downfall.