TikTok’s owner set an annual revenue goal of RMB 200 billion, while more than 80% of its 2019 revenue was from online advertising. Visual StoriesKEY STAT | ByteDance first quarter revenues up 130% with annual target half of Tencent’s 2019 earnings [Update]2 mins read
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Shorooq Partners counts companies like Pure Harvest, Trukker, Souqalmal, Sarwa, and Munchon in its portfolio. NewsAbu Dhabi Investment Office invests USD 5 million in Shorooq Partners’ Bedaya Fund2 mins read
The company plans to install at least 4,000 more chargers in China by the end of 2020. NewsCHINA BRIEF | Tesla installs nine more Supercharger stations in Beijing1 min read
JD’s secondary listing came shortly after gaming company NetEase, whose shares surged 5.7% on its trading debut in Hong Kong on June 11. NewsCHINA BRIEF | JD.com advances 3.5% in Hong Kong debut1 min read
KrASIA is a media partner of Collision from Home. EventsNBA legends, scooter engineers and media maestros – it’s Collision from Home3 mins read
The growing sector gives video-sharing platforms an opportunity to gain presence in the e-commerce industry. NewsCHINA BRIEF | ByteDance forms e-commerce business unit1 min read
Airtel has operations in 18 countries across Asia and Africa. At the end of March 2020, it had over 423 million customers. NewsReliance Jio’s telecom rival, Airtel buys a strategic stake in edtech startup Lattu Media3 mins read
Facial recognition testing companies like Qingfei are producing sophisticated 3D-printed faces and even robots to reveal the technology’s vulnerabilities. InsightsCompanies are hacking facial recognition to make it safer4 mins read