NewsAfter releasing its own game, ByteDance acquires a full-fledged game publisherThe buyout may buoy the profits of the world’s most valuable startup. 1 min read
The company is snapping up controlling stakes of existing manufacturers. NewsEvergrande Health expands EV manufacturing capabilities by nabbing stake in auto parts manufacturer1 min read
In 2014 these two co-founders announced they would establish personal charitable trusts. NewsJack Ma to sell Alibaba shares for wealth planning and philanthropic commitments2 mins read
Huawei and the US government are entangled in multiple legal cases. NewsHuawei prepares for possible US ban with in-house alternatives to Android and Windows1 min read
Pinduoduo is sending the signal that it’s serious about tackling the problem of counterfeits. NewsPinduoduo says it’ll add 500 staffers to fight the proliferation of counterfeits1 min read
Pinduoduo wants to significantly improve its AI capabilities and recommendations engine NewsPinduoduo is setting up a new tech advisory board led by Baidu’s vice chairman Lu Qi2 mins read
Running up the bill with ad blitzes and sponsorships. NewsDespite vaulting growth in 2018, Pinduoduo books $1.5b net loss2 mins read
Dating gone mobile. NewsMomo predicts big growth in Eastern markets for its dating app Tantan1 min read
Lufax Holding maintained steady profit growth in wealth management, retail lending and government finance by seeking innovations and ensuring compliance. NewsChinese fintech giant LuFax raises $1.3b, valued at over $39b1 min read