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WeChat’s new candy to lure corporate clients: customised “red envelopes”

Back then, Red Envelopes lured millions of new WeChat Pay users. This time, WeChat hopes they can lure new Corporate WeChat users.

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A slowing Chinese economy has dragged down the company’s earnings.
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ByteDance hits 2018 sales target, but only barely
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South Korean Mirae Asset-Naver Asia Growth Fund joins the round as financial and strategical investor.
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Bukalapak raises new round to accelerate platform innovation (update)
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ByteDance enters China’s social messaging market.
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China’s ByteDance launches video chat app Duoshan to take on Tencent’s WeChat
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Huawei expected its revenue growth to be below 20% at $125 billion at the best.
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Huawei founder hints slower growth in 2019 for global market woe
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Evergrande continues to pursue its dream of becoming a global EV giant.
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Right after break-up with Faraday Future, China Evergrande grabs Swedish EV maker
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The launch of the insurance platform is part of the company’s goal of becoming an everyday “superapp” in the region.
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Grab forays into SEA’s digital insurance space as part of superapp goal
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SoCar, which offers its services via a website and mobile app, is the largest car-sharing company in South Korea.
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South Korean ride-sharing firm SoCar secures $44m to pump up R&D
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Meituan to test out China’s gaming sector.
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Meituan targets China’s lucrative gaming market as loss-reducing solution
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